S&P has topped for 2006

[volente_00]

1390 calls will expire worthless on Friday.

 

[stock_trad3r]

Looks like another huuge rally today

nasdaq up .15%

wow even im kinda amazed by this\

 

[S2007S]

Quote from stock_trad3r:

Looks like another huuge rally today

nasdaq up .12%

wow even im kinda amazed by this

yea, this is great. nasdaq going for how many up days in a row...

 

[stock_trad3r]

If you look at the 3 month chart for nasdaq & S&P they look very stable

No spires or parabolas-just a linear runup


As stated before this is the start of someting huge...I dont see this rally ending any time soon, but this rally will continue for the next 5-10 years.

 

[S2007S]

Quote from stock_trad3r:

If you look at the 3 month chart for nasdaq & S&P they look very stable

No spires or parabolas-just a linear runup


As stated before this is the start of someting huge...I dont see this rally ending any time soon, but this rally will continue for the next 5-10 years.

This is what many said back earlier this year when everyone thought we were going to 12,000. Then everything just went straight down for 3 months. Least when we dropped we had those triple digit bounces, were not seeing any pullbacks since early August.

 

[stock_trad3r]

The intraday support strength we're seeing is amazing though

Evertime there is even a hint of a selloff someone bids it back up in sort order, especially in the morning.

And there is the usual short squeeze at in the last hour.

The kind of trading activity seen in the past 4 months should be enough to prove the so called efficient market hypothesis as wrong.

Nasdaq to close up 1% easily today

 

[S2007S]

If you compare the last drop in mid 2006 to this year end rally seems to me the bears have been hurt more by this rise in equities then the bulls felt during the drop.

 

[dtrader98]

anyone notice these abundant overnight repos financed by the fed at about 10bill/pop, everytime the market rallies
on potentially bad fed news?
Sort of like a fedex atm for long side traders.

"The market rally was fueled by consumers with more cash to burn...." yeah, right.

 

[stock_trad3r]

Quote from dtrader98:

anyone notice these abundant overnight repos financed by the fed at about 10bill/pop, everytime the market rallies
on potentially bad fed news?
Sort of like a fedex atm for long side traders.

 

[EqtTrdr]

Quote from stock_trad3r:

http://www.newyorkfed.org/markets/omo/dmm/temp.cfm


today's Fed pump: $7.0b vs. $Zero expiring. makes a net $35.25b!! still floating out there looking for a home


go market $$$$