New shorts come in as we move higher. The shorts that covered are the 15K or so contracts that went short in the 1035-1040 area.
1060 printed, just amazing, and the strength in NQ is even more impressive. Definitely a short squeeze. Locking in profit on half of remaining...
Looks like we are getting some short capitulation now.
Agreed, these guys are in trouble unless they get some help in the form of new bailout programs which will likely not be forthcoming over the next...
I don't think it is by choice though or do you believe what Geithner's has been saying around the world? I thought that was just for foreign debt...
Maybe but the implication that the Fed won't have as much flexibility as it previously had even for a 6 week period may make some nervous.
http://www.google.com/hostednews/ap/article/ALeqM5h1yFbpRakAxYLao_y6lSl6x0nOSAD9AODCR80 The debt ceiling and the battle Royal that it will...
http://www.ft.com/cms/s/0/17cd76b4-a23b-11de-9caa-00144feabdc0.html?nclick_check=1 I have been waiting to take the plunge and buy a house but...
OP look up Occam's razor, might save you a few hyperventilations.
Take it from a guy who has learned the lesson several times the hard way, trade what you see not what you believe. The inverse correlation is so...
This actually works with the scenario I see which is a melt up or blow off top to this move in equities. If the dollar does hit 1.50 we should...
Better than expected, expected was 25K and 8%. However average earnings were up less than expected. UK is up over 1%...
You right, just printed :)
Not much dipping going on tonight with the USD so weak, looks like 1.47 is in the cards for the EUR tomorrow, looks poised to pop. A lot of people...
Nice work P!
He's buying the breakout :D
You can add USD weakness to your well made list.
an interesting read. http://www.federalreserve.gov/newsevents/speech/duke20090914a.htm The recent G20 agreement calls for a retention of...
The fact that Buffet sees value here has to be disconcerting to shorts who see the market as overvalued in the extreme. Still feels like we are...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aAZTWAs9VZfY
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