Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (50080)	8/14/2002 6:57:40 PM
From: bcrafty	Read Replies (3) of 209892

I didn't notice anything until 1:30 I don't know when they sold their bonds, but it looks like the futures and stock buying didn't start until 1:30, that's why all of us were wondering WTH happened then, so if the bond reallocation happened earlier in the day then quite a few of us on the board missed it. If the bond sales were much earlier, then the buying that happened at 1:30 could be said to be the "result" from the bond sale and the big futures purchases were maybe the "driver" of the rest of this afternoon's rally. Allan's comment about believing in the PPT when we get rallies like that are well taken, but why would the PPT intervene then? Things had slumped a little since Friday, but they weren't so bad that intervention was warranted. Maybe max-pain had a little to do with it. As mish mentioned earlier this week on GE there there were a lot of calls at 30. GE had barely broken 30 just a couple hours before the rally began.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next