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Re: POKERSAM post# 18743

Tuesday, 09/29/2009 12:06:28 AM

Tuesday, September 29, 2009 12:06:28 AM

Post# of 31925
No, not until the Fed starts unwinding their balance sheet and lending facilities, and they have said that won't happen until ~ Dec at the earliest, and then only if the markets and the economy are not in danger of collapsing, in their learned opinions (i.e. they have sucked enough dumb money back in to keep the markets afloat). You will admit yourself that the markets are all about perceptions and not reality, so enough investors/traders simply have to *believe* that Bennie has their backs and the market will grind higher, with only an occasional tradable pullback.

FYI, last week the SP500 P/C Options volume for Dec was running ~ 40:1...

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

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