mkt keeps 阴跌 so far, with 3-5 SPX bounce, This type of 阴跌 the mkt MM to use leaves no exit/entry point to escape, very dangerous for longs. this is classic pattern they used on 11/5, 11/6 too.
[ 本帖最后由 QQQ 于 2008-11-11 12:55 编辑 ]
原帖由 QQQ 于 2008-11-11 12:53 发表 mkt keeps 阴跌 so far, with 3-5 SPX bounce, This type of 阴跌 the mkt MM to use leaves no exit/entry point to escape, very dangerous for longs. this is classic pattern they used on 11/5, 11/6 too.
2:05 pm : Stocks recover some ground after CNBC reported that BlackRock's (BLK 113.07, -2.48) Vice Chairman said the $30 billion Bear Stearns mortgage portfolio is generating better cash flows than the market price implies. BlackRock is managing the $30 billion in assets that the Federal Reserve assumed following the collapse of Bear Stearns.
原帖由 天真的冷酷 于 2008-11-11 14:34 发表 Q, what happened??? Don' tell me spx will reach 930-940?
oil is too weak to support big rally. to get 930-940 area, OIL needs go above 62. now it is still down 5% for the day. mkt knows financial lead bounce won't last long. unless oil/commodities/tech also start to run up.
Q Laoda, can you please tell what is the reasons that there should be a strong co-relation between oil/commodities and SPX recently? I saw you mentioned a couple of times, but don't know why. thanks a lot.