post-storm POP or the real thing?

gharghur2 · Sep 26, 2005

The markets rallied 3% after Katrina and then rolled over.
Will Rita be the same scenario?

What do you guys think?

ktm · Sep 26, 2005

Short it asap. We will probably be down today.

gharghur2 · Sep 26, 2005

Quote from ktm:

Short it asap. We will probably be down today.

I noticed a lot of QQQQ being offered very early this morning.
And, also noticed the negative mixed close on friday.
Ten cents off the $39.06 open on QQQQ already.

Kicking · Sep 26, 2005

this is nuts, especially DAX and euro indexes. I could see ES +4 but not + 8 as earlier this am. Oil is only down 50 cents and look poised to trade higher. A weaker than expected Rita was already anticipated on Friday, there a longs from Friday. I can't remember last time everybody's prediction come true even Yahoo! called the market much higher! But ANYTHING is possible in this market

gharghur2 · Sep 26, 2005

we'll open up, let's see if it holds

EqtTrdr · Sep 26, 2005

today's Fed pump: $10.0b vs. $Ziltch expiring. (overnight rp's) http://www.bullandbearwise.com/FOMOOutChart.asp http://www.newyorkfed.org/markets/omo/dmm/temp.cfm http://www.omo.co.nz/Plots-TIO.htm

thanks Sir Greenprint!!

gharghur2 · Sep 26, 2005

Quote from EqtTrdr:

today's Fed pump: $10.0b vs. $Ziltch expiring. (overnight rp's) http://www.bullandbearwise.com/FOMOOutChart.asp http://www.newyorkfed.org/markets/omo/dmm/temp.cfm http://www.omo.co.nz/Plots-TIO.htm

thanks Sir Greenprint!!

senor liquidity

gharghur2 · Sep 26, 2005

Quote from ktm:

Short it asap. We will probably be down today.

Hi!

Just wanted to mention that you made an excellent call @ 7:30 this morning, whether we finish down or not.

Tony!

ktm · Sep 26, 2005

Thanks.

just21 · Sep 26, 2005

Why were you bearish? Too many people looking for a post hurricane rally? Do you think we take out support?