CL Redux

Not sure why this didn't move the market more.

Feb. 17, 2011, 10:05 a.m. EST
Philly Fed factory index jumps to 35.9 in Feb.


WASHINGTON (MarketWatch) -The index of manufacturing activity in the Philadelphia region jumped in February to its highest level since January 2004, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed business condition index rose to 35.9 in February from 19.3 in January. The increase was much stronger than expected. Economists polled by MarketWatch expected the index to tick higher to 20.8
 
Quote from BCE:

Not sure why this didn't move the market more.

Feb. 17, 2011, 10:05 a.m. EST
Philly Fed factory index jumps to 35.9 in Feb.


WASHINGTON (MarketWatch) -The index of manufacturing activity in the Philadelphia region jumped in February to its highest level since January 2004, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed business condition index rose to 35.9 in February from 19.3 in January. The increase was much stronger than expected. Economists polled by MarketWatch expected the index to tick higher to 20.8

Bernanke takes over.
 
Quote from NoDoji:

After extensive study of the post-open action, I will share my view -

Levels: Uggghh

Trend: Uggghh

Overall PA: Uggghh

ADD: Reaction to news: Uggghh

I feel you girl, I am sclaping 1 contract for 3-10 points and its a pain with such a PA, many BE's for today .. my broker should be happy me brining him many RT's :)
 
Quote from EON Kid:

http://www.businessweek.com/news/20...-s-sending-two-warships-to-canal-tv-says.html



Iran Says It’s Sending Two Warships to Canal, TV Says


Feb. 17 (Bloomberg) -- Iran is arranging with Egyptian officials to have two of its warships use the Suez Canal, Iranian state-run Press TV said

IMV, old news, probably discounted by large traders

http://www.ynetnews.com/articles/0,7340,L-4017939,00.html

The Iranian govt. is just trying to divert attention from its internal problems

What do you think of this chopfest, Kid? To be continued or just winding up for an explosive move?
 
How to handle this choppy channel ? :p




Quote from David M:

I feel you girl, I am sclaping 1 contract for 3-10 points and its a pain with such a PA, many BE's for today .. my broker should be happy me brining him many RT's :)
 

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