Someone is buying

The Markets

  • Yeah, someone is buying at these levels.  But a whole lot of money must be thrown at the market at these levels for the bulls to win the round.
  • Why the banks were profitable in January/February.  And why we were sucked in. What a ruse. http://snurl.com/euvtf
  • Market holding at S&P 792.  That’s the good news.  Bad news is that we are down 3% and I am getting stopped out of all sorts of positions.  That makes it tough when things resume on the upside (if it does) as new positions must be re-established.
  • Should 792 not hold then 770 is in the sights.