12.16.2008

THE MOVES


Markets are soaring on the heels of the FED statement and a 75bps rate cut- dollar dipping - EURO soaring- and SPX 900 in the front view-


Market internals never blinked and show 1700 net winners on the NYSE and 1300 net green on the NAZ.


VIX- down 5% at 54;


Up volume 9x the down;


Going forward - a buy the dip markets as fighting these rates and this fed activity may not be the wisest move- so probably time to get on board and stay long and strong.


1 Comments:

Blogger Sintrampanicarton said...

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4:06 PM  

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