Tuesday, December 01, 2009

Long one unit at 1105.25

1 comment:

Kishore said...

We already have two islands on the top and they both have a duration of approximately 3 days. With the gap up open today, are we going to be formaing a third island?

This game of large movements in the E-mini due to overnight action is getting stale. It stinks and it is weird, caused and perpetrated by the Fed.

With interest rates at zero, declining dollar and carry trades are currently the Fed's primary tool for market manipulations. Meanwhile, a potential wholesale collapse of the debtors and creditors and a worsening economy are supposedly being "fixed" by the stock market rise! How is it going to end?