HAHA flat for 6 hours and 25 mins, the last 5 minutes a surge up to new highs

Quote from Roman Candle:

The month of May, alot of nothing. Wonder if we start June off like we did May, a surge to new highs then sideways all month.

Keep in mind June is the end of Q2 you know it's gonna get juiced.
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If that 880 keeps holding, that may spell trouble for me and my fellow bears
 
That’s how it always starts out. Some banks with government backing do all the buying. Then once the markets keep going up the institutions jump in, then the retail clowns. By then is almost over.
 
50311714.jpg


They say history repeats but this is too eerily similar.
 
from realmoney. LOL..





Alan Farley

Meow

5/29/2009 4:44 PM EDT

Maybe someone's cat jumped on their keyboard at 3:55 p.m. and accidentally sent in $2 billion in buy orders.

Happens all the time.

Position: just another day on the level playing field
 
Quote from mgarc:

from realmoney. LOL..





Alan Farley

Meow

5/29/2009 4:44 PM EDT

Maybe someone's cat jumped on their keyboard at 3:55 p.m. and accidentally sent in $2 billion in buy orders.

Happens all the time.

Position: just another day on the level playing field
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Well said.
 
This market is dramatically overbought and could collapse at any time. I can not imagine anyone who bought on 3/9 is still long.....this is the highest 3 month percentage gain in something like 70 years.

By no means does it have to end....but how long can a market go up?
 
Quote from bruceistheone:

The markets should be moved to Las Vegas.
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You're giving Wall Street way too much credit....their racket wouldn't pass Nevada Gaming Commission regulatory scrutiny.
 
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