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03/26/12 4:06 PM

#18864 RE: RCKS #18863

Reversal started after 4am
Euro was a Sell the News on Germany business climate staying flat.
The Pump started just after the selloff and then spiked up on Bernanke speech at 8am, which also started to sell at first.
What created the Pump after the 4am selloff is what I want to know?
Why the big Buy spike on the Bernanke statement?
Either there was some leak to Bernanke statements or the PPT was in full buy mode already?
Looks like nothing more than a false rally to me.
Grossly Negative home sales numbers were ignored -0.5% 1.0% 2.0%
TNX didn't participate today either, we shall see.
4:00am EUR German Ifo Business Climate 109.8 109.7 109.7
Euro