We had five/six down days, but I have no reading as to where we go from here. We never got into excess optimism on the ramp, it may be interesting to see if today sharp move up generate such optimistic numbers. Earlier added a second bop on DECK at $52.50. Just noted I got it.
Give a week or two and we will be in a downward spiral through the first half of the new year. NASTY target 1750, DOW 9700. Recession coming. This ramp since July has been orchestrated and move has been concentrated in just a dozen or so up days, like today. What does that tell you? Rigged market via the PPT and Paulson. Dollar slides as it becomes clear that Iraq was a huge mistake and foreign country's lose confidence in the US. Take watch and be careful. -Q
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