Replies to post #504 on ThinkorSwim TA and More

[Beerworld]

yeah sure end of month, then there is beginning of months 401K deposits. We are never going down again!!!!

[Bob257]

2 Bit - Federal Open Market Committee apparently thru the NY Fed has been engaged in mucho POMO this month with more to come. I don't have a link but check out their operations at the NY Fed, or Google POMO. they are propping up the market. And I think you are right about end of the month stuff so it may take a few more days for some down. Watch to see how the market reacts to unfavorable economic data and if it does what it did today, you know we are being manipulated. They are really screwing up the indicators.

Bob