Home › Forums › Financial Markets/Economics › DOW is at 8700 and dropping fast!
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jficquette.
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February 1, 2009 at 8:52 AM #340175February 1, 2009 at 12:38 PM #339687
jficquette
Participant[quote=Chris Scoreboard Johnston]Agree with the 5 handle call on the Dow 4plex. I will be posting a chart in my blog that shows the PPT buying the EMini SP futures to keep this market from breaking those lows, but they are not going to be able to stop it. The question of whether the new admins PPT would resume what the prior one was doing in this area has been answered, YES! Just look at the large buying in the Large Speculator group, damn are they losing a ton of dough doing this!
Talk about a bad use of taxpaxer dollars….[/quote]
Its the Bond bubble that had them worried not the Stock market.
If the Bonds starting selling off then it’s going to get really ugly and soon.
John
February 1, 2009 at 12:38 PM #340013Participant[quote=Chris Scoreboard Johnston]Agree with the 5 handle call on the Dow 4plex. I will be posting a chart in my blog that shows the PPT buying the EMini SP futures to keep this market from breaking those lows, but they are not going to be able to stop it. The question of whether the new admins PPT would resume what the prior one was doing in this area has been answered, YES! Just look at the large buying in the Large Speculator group, damn are they losing a ton of dough doing this!
Talk about a bad use of taxpaxer dollars….[/quote]
Its the Bond bubble that had them worried not the Stock market.
If the Bonds starting selling off then it’s going to get really ugly and soon.
John
February 1, 2009 at 12:38 PM #340109Participant[quote=Chris Scoreboard Johnston]Agree with the 5 handle call on the Dow 4plex. I will be posting a chart in my blog that shows the PPT buying the EMini SP futures to keep this market from breaking those lows, but they are not going to be able to stop it. The question of whether the new admins PPT would resume what the prior one was doing in this area has been answered, YES! Just look at the large buying in the Large Speculator group, damn are they losing a ton of dough doing this!
Talk about a bad use of taxpaxer dollars….[/quote]
Its the Bond bubble that had them worried not the Stock market.
If the Bonds starting selling off then it’s going to get really ugly and soon.
John
February 1, 2009 at 12:38 PM #340136Participant[quote=Chris Scoreboard Johnston]Agree with the 5 handle call on the Dow 4plex. I will be posting a chart in my blog that shows the PPT buying the EMini SP futures to keep this market from breaking those lows, but they are not going to be able to stop it. The question of whether the new admins PPT would resume what the prior one was doing in this area has been answered, YES! Just look at the large buying in the Large Speculator group, damn are they losing a ton of dough doing this!
Talk about a bad use of taxpaxer dollars….[/quote]
Its the Bond bubble that had them worried not the Stock market.
If the Bonds starting selling off then it’s going to get really ugly and soon.
John
February 1, 2009 at 12:38 PM #340230Participant[quote=Chris Scoreboard Johnston]Agree with the 5 handle call on the Dow 4plex. I will be posting a chart in my blog that shows the PPT buying the EMini SP futures to keep this market from breaking those lows, but they are not going to be able to stop it. The question of whether the new admins PPT would resume what the prior one was doing in this area has been answered, YES! Just look at the large buying in the Large Speculator group, damn are they losing a ton of dough doing this!
Talk about a bad use of taxpaxer dollars….[/quote]
Its the Bond bubble that had them worried not the Stock market.
If the Bonds starting selling off then it’s going to get really ugly and soon.
John
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