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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (302272)	1/6/2011 9:27:03 AM
From: Giordano Bruno	Respond to of 306849

Average daily trading value was $153 billion in 2008. Can not find more recent numbers to counter POMO although POMO is largely psychological.

To: TH who wrote (302272)	1/6/2011 9:35:17 AM
From: James Hutton	Read Replies (1) \| Respond to of 306849

I'd guess today will be a wash, which in today's market could be up 5 SPY points. Tomorrow's employment number will likely move the markets a bit more. Then earnings. But you know how that game is played - under promise/over deliver. I've got blowups from CSCO, BBY, and MCD that have yet to derail the market. Note that everyone's been lowering estimates on the (former) IBs, so they're set to "surprise" to the upside.