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To: Perspective who wrote (9370)11/19/2008 10:05:18 PM
From: skinowski  Read Replies (2) | Respond to of 41419
 
I think we are completing the W3 since May... and may be due for a bounce. However, clearly, there can be no confidence in this respect. I'm trying to make a smallish play on the *possible* ED - but will get out unless I'm proven right... almost immediately. Trade what you see... that's the best we can do, I 'sppose.

I may be wrong, but it appears that for such a huge percentage move today's action was met with (almost) apathy. People are becoming emotionally tired, perhaps?



To: Perspective who wrote (9370)11/19/2008 10:21:28 PM
From: TRINDY  Respond to of 41419
 
Greetings. I'm from Wichita, and BTK means something else entirely there. It may come to mean the same thing for the markets. If this BTK sinks much further, IMO it will take the entire market structure down. With the full weight of the Fed and Treasury behind them, they still cannot forge a rally. Talk about "pushing on a string." Cheers!

trutv.com