Melt up...

[areyoukidding?]

Anyone know why or is it because everyone is afraid from before?

 

[yenzen]

Quote from areyoukidding?:

Anyone know why or is it because everyone is afraid from before?

figure it out smart ass

Senor Zen

 

[areyoukidding?]

But, you always know everything Sr. Zen, tell us now, before its over.

 

[chasinfla]

i'd kinda like to know my darn self.

 

[areyoukidding?]

My opinion its another bear trap. People are dying for a sell off and are primarily short now. Thus, the mkt is going up simply because it can.

I for one think it is bs, but it sure dont feel great.

I am sure someone or two are buying the squeeze and will be bragging in a matter or minutes.

 

[brokerboy]

This is a whipsaw because market sold off on nothing news so now people need to cover or get there positions back. It makes sense but very risky trade. I would be shocked to see s&p close above this area

 

[areyoukidding?]

I like your explanation better. I think Sr. Zen is short...

 

[EqtTrdr]

please understand.....



no fear +low volume = just buy

 

[yenzen]

Quote from areyoukidding?:

I like your explanation better. I think Sr. Zen is short...

I think u r mistaken.

 

[futures_shark]

This has happened before right at 2pm EST, when the euro stock markets have just closed. EuroSToxx & DAX trading ends at 2pm EST.

I'm wondering if it's a play between the US mkts and tommorows euro open? If these price levels hold there is bound to be a gap up in the EuroStoxx & DAX.