Posted on 06/10/2010 1:13:12 PM PDT by blam
Wasn’t there a scheduled sale of notes by the Fed today? Must have been promising.
Dead Cat Bounce
Double-dip well underway (among all kinds of other smuck hitting the fan)
http://railfax.transmatch.com/
One world. Manipulation. There simply was no news that this would be caused by normal forces. There was news that should have driven it the other way.
Here’s what you need to know - about once a week, the market stages a rally like this, and Weisenthal goes dancing naked in the street...
Then, there will be 4 or 5 consecutive ‘down’ days, during which the “monster rally” gains dissolve, and then some...
But, never fear, there will soon be another day giving Weisenthal an excuse to ‘shuck’ and ‘jive’.... ;)
I do not believe that China’s export market is reviving or growing. Where is the growth coming from???????????
As of last fall 25% of the Pacific cargo fleet was at anchor in Asia.
Correct.
Weisenthal is an Odumbo butt boy.
Actually there was.
China's statement that it was not impacted by the Euro collapse drove a lot of the momentum.
I’m not buying that the news is even playing a role here, over the last few weeks the volatility has been out of control, up a ton, down a ton, up a ton, down a ton. Nothing to get worked up over here today.
Worse, it’s fall of 2008. Wild swings in both directions before the inevitable freefall.
I’ll say this though, I usually see big moves in gold or the dollar reflected in the other in the opposite direction in the market. That is, gold up, market down. Gold down, market up.
News is definitely a factor. It is every day.
(BTW, McConnell's statement that he was absolutely certain that the Dems' energy bill would not pass also likely played a role. If you noticed today, energy stocks were up a LOT.)
Well of course its a “factor” but really you also saw support of BP from the UK in the news, you saw WTI crude up on a down dollar, and I think the USD price via the dollar index is why the market was up today.
The market acts like the front wobbly wheels on a car going 80 mph. It shimmys a little at first one way and then the other, then right before the tie rods drop, the wheel shakes violently first this way and that, then the both wheels come off followed immediately by a wildly irratic out of control slide down the embankment ending up in a flaming ball of crash and burn.
Why should anyone believe anything that China says? They are a Communist country. The older I get, the more it becomes evident that everything is corrupt.
Either manipulation or inflation.
>>The market acts like the front wobbly wheels on a car going 80 mph. It shimmys a little at first one way and then the other, then right before the tie rods drop, the wheel shakes violently first this way and that, then the both wheels come off followed immediately by a wildly irratic out of control slide down the embankment ending up in a flaming ball of crash and burn.<<
Excellent analogy!
Ummm...that’s all news.
But when they speak, industries that are tied to China take heart whereas they would wobble if China came out with negative words.
This doesn't have any bearing on where we'll be 10 days from now, mind you, but investors took heart today and that's why the market went up.
umm...by that definition everything is news.
” umm...by that definition everything is news. “
Could it be that everything is ‘News’ that’s not ‘Olds’??
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