Replies to post #1466 on General Stock Ideas

[bigworld]

MF4: I'll have to look at the numbers on the e-mini's traded at the Chicago Mercantile Exchange to know for sure but the trading today looked awfully suspicious. The Plunge Protection boys are sure working overtime to keep the market propped up in the face of bad news. On low volume they can be more effective, and there is anemic volume lately. But don't lose faith. The foreign markets appear to have resumed their sell offs and Treasuries continue to gain strength. The 2 year Treasury hit an all time low yield intraday today. There is great demand for safety. That would not be the case if major money managers were optimistic on the economy and the equity markets. The trap door will open when enough suckers have gone to the 'long' side. The manipulators might even be able to orchestrate a move above 1120 early next week. This is not a market for traders who are faint of heart. Cajones of steel are required. The market has an appontment with 950 on the S&P. It's just taking the scenic route.