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B$ The Bell, Tuezelday April 27


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Opening now for 40 minutes. I would say the top is in and not just for today-the rest of the day should be down. ;)

I hope you are right, for if the market moves up from here it may signal another challenge of the yearly highs. Sorry Soup. :mellow:

 

The Fed somewhat unexpectedly expanded the size of the repo pool again. After being restrcitive from late February to mid April, perhaps to knock down commodities and generally bad inflationary news, it is starting to reverse its tactics. Reason unknown. Is there something brewing under the surface?

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HB: I would never expect any overt help for the great statists greenspew. He is and has been trying to vindicate his heinous crimes via higher equity prices for quite some time. However the clock is ticking and at some point it will be out of his hands.

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I see they are beginning to step on silver

The cartel has no imagination

ALWAYS IN THE NEW YORK SESSION

 

As I said yesterday I was surprised they didnt take the stops out just above 1144-45 everyone was watching. I see thats what they have accomplished today.

RUT is DOWN

 

Back in and short again. Stops just above HOD

I think its almose done here.

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Next tuesday.

 

 

 

Caught a quick blurb on tv. Rick Santolli stating Greenspan to speak next tuesday.

Belief is he will prepare the market for inc. in fed fund.

 

Rick claims CBOE is waiting on this.

 

Anybody else hear or know specifics?

 

Best Day

 

Beat Trading.

 

 

patriot

 

ps: voting no to a close over 1144 today.

 

Of course what do i know. I've been a Red Sox fan for 44 yrats.

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