Silicon Investor (SI) -- The First Internet Community

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (70678)	4/27/2005 12:32:40 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

We should, but given the desire of the Fed to sustain all bubbles at any cost, I'm not sure we will! +1500 tick from e-minis buying does not smell like a free market. The market has not been allowed to go down more than 100 DOW points since early 2003. In fact, short term moves in excess of 5 standard deviations, up only, are supposed to be extremely rare events. Not recently. This market has been rigged for a while. Not sure who rigs it. The extraordinary moves up usually follow excessive SOMA lending (6-7 bln a day) and coupon pass (2 billion twice a week) Fed activity. This activity has also saved the bond market from breaking 3 times.