Wednesday, November 30, 2011

Best Day Since March 2009

If only we could have interventions every week.

Of course, no one thinks to ask why we need (constant) intervention - that would be inconvenient.

On the day, as we broke to highs of the day late afternoon at S&P 1240, we spiked on an additional 7 points in short order.  It is incredibly clear how technicians are ruling this market.  No surprise when it's so headline driven.

This 'best day in years' follows the 'worst Thanksgiving week ever" which followed 'one of the best Octobers ever' which followed....

Well you get the point


EDIT 4:55 PM - the headline refers to the DJIA only ;)

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