At least for today 
Finally the pm rallies are over !!!
- Thread starter Optionpro007
- Start date
For months I have noticed how the indices rally defying gravity on every selloff.
Today for the first time they took TA out the window......about time.....
Today for the first time they took TA out the window......about time.....
oh yeah, check out HPQ after hours.
Are you kidding ?
HPQ is a stock. I am referring to the major indices......
institutions sold the big contract early after the cpi news and then kept selling after the open ----------- they must have been worried about something {time to start hedging those equities}.
they were not on the liquidity pumper buy programs today either ---- if tomorrow has bad ppi & oil numbers we will get some follow through propelled by heavier equities selling ---- the close below 1224/25 for the es was not good.
maybe tonight they will try a midnight rally? oh wait, the dax will probably continue its dive and the nikkei is due for a ringing of the till.
they were not on the liquidity pumper buy programs today either ---- if tomorrow has bad ppi & oil numbers we will get some follow through propelled by heavier equities selling ---- the close below 1224/25 for the es was not good.
maybe tonight they will try a midnight rally? oh wait, the dax will probably continue its dive and the nikkei is due for a ringing of the till.
and the ppi this morning was ugly ---------- dax was as low as -41 overnight, tough to have a rally when the eu market is weak.