Posted on 02/12/2010 2:27:20 PM PST by blam
Today's Mixed Action Was A HUGE Win For The Bulls
Vince Veneziani
Feb. 12, 2010, 4:05 PM
Lots of volatility in the last hour of trading today.
Dow: Down 42 points to 10,102.
NASDAQ: Up 6 points to 2183.
S&P 500: Down 3 points to 1075.
Commodities: Bad news: Oil is down to $74.11 a barrel.
Gold is at $1093 an ounce, down $1.30. Silver is down $0.07 to $15.52 an ounce.
Futures remain mixed, metals tanking and softs soaring.
In the end, bulls have to be really happy. Given all the news that's expected to come out this weekend (such as development on the Greece front) the fact that not everyone was just in SELL mode has to be a good sign
(Excerpt) Read more at businessinsider.com ...
Bump to read later.
Forget the numbers, they cannot be trusted as indicators. The gov’t has been manipulating the futures markets for over a year.
yeah
You how we have LIBTARDS... well there is such a thing as a BULLTARD. Definition: “An IDIOT who despite dramatic signs that things are not getting better and are in fact getting worse, keeps buying.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
