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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (46359)12/1/2005 4:38:59 PM
From: Mr.Creosote  Read Replies (1) | Respond to of 110194
 
>>This middle of the night rally ramp gambit is perplexing to me

Today's move is consistent with the "buy the dip in an uptrend" mentality. It's proof that this has been and continues to be a momentum driven market with strong trend-following element. None else matters especially the insightful postings in this forum. Worse yet, we do not know when this behaviour by the players will change. (I have been and continue to be of the opinion that over the next 3 months we will either melt-up or crash and been holding both calls and puts on the indicies)

The "Humpties" are clearly in control of the markets. Whether we like it or not.