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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (76806)9/8/2007 6:06:42 PM
From: Qualified Opinion  Read Replies (2) | Respond to of 94695
 
I guess Greenspan is witnessing the popping of the real estate bubble which he helped to create by flooring interest rates. When will they learn ? Is the equity bubble next ?



To: Real Man who wrote (76806)9/8/2007 7:54:35 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I think the 1929 scenario may be closer than we think, but one would hope not... the weekly pattern of the DOW is not constructive for a rally, maybe just famous last words here, but the weekly pattern looks like it's pointing still lower for the moment... of course, if we rally next week, then just forget what I just said...<g>

Here, take a peek:

charts3.barchart.com

GZ



To: Real Man who wrote (76806)9/8/2007 9:22:36 PM
From: saveslivesbyday  Read Replies (2) | Respond to of 94695
 
"Someone is buying index futures to not let the market drop."

Vi, I keep thinking about this and trying to figure it out.

How exactly does buying index futures prop the market up?

It lulls institutional investor confidence that "there must be a lot of buyers?"
Or, it sends a message that liquidity is being pumped into the system?
What in your opinion is the precise link between the futures and the indices that trade during the day?