50 pips within a few minutes might not be a huge amount... but it sure startled me. I had a scalp position short that hit my target just before that move.
Oh, Happy Days ! The World has been saved, with more kick-the-can-down-the-road problem solving. Major run on the markets tomorrow. The bubble inflates even further.
So now that the european crisis is solved again the markets can finally make a move to 2007 highs, I thought this was going to take at least a decade, instead it only took about 10 weeks, problems are solved, now lets cash in on the rally to SPX 2000+ its coming so get ready.
Yes, they are a decent broker, and being Canadian (they are based here in Toronto) I get CIPF protection on my account (up to a million insured if they ever go under.)
The way these futures are moving by tomorrow morning the dow futures will most likely be above 12,000, get ready for dow 14k by December and fresh historical highs by Jan 2012. Risk free money making markets are back and ready to roar!!!!
S&P FUT
1252.90 15.50 +1.25%
DOW FUT
11926.00 124.00 +1.05%
NAS FUT
2354.50 28.00 +1.20%
OIL
91.95 1.75 +1.94%
My question is how many more 1%+ days can they get this market to rally, at the rate its going SPX could easily get to 2000+ by 1st quarter of 2011, and I am not kidding....
e/u at 1.4062. I find it nonsense. Why should the euro be at this price level for a continent that is broke? Does it make sense to start shorting it at this price level (1.4062)? Would they not have to use the printing press or default at a certain point?