股市诊脉 6-15-2010 by 游击队长

ypm968

A manufactured rally by PPT?

We got tons of bad news today. Bad Empire manufacturing number, bad Best buy earning report, bad homebuilder confidence number, but none of them mattered, market gapped up again. I have noticed since June 9th market gaps up big almost everyday disregarded any bad economic data. In normal market, when bad economic data hit, market goes down first, then makes an intraday reversal and closes in green if market is bullish. But this rally started on June 9th looks more like a manufactured rally probably work done by PPT(plunge protection team), they buy futures before market open to push market opens higher, then traders jump in and lift market higher. That is why volume is low.  That is why I don't trust this rally. Now probably most of bears have been squeezed out, let's seen how far this market can go.  However, S&P did break its downtrend line, and did make a higher high today. We can't fight the tape! I'd rather buy call options than buy stocks to limit my downside risk.

usamonkey

终于坐了一次 队长的沙发

oda

队长的沙发, 支持队长

songjiang

谢谢队长，终于等来你的报告啦

bendzhao

looks like money flow improved...

开小差

thx,ding

ypm968

looks like money flow improved...
bendzhao 发表于 2010-6-15 23:03

    yes, S&P made a higher high and closed above sma200, that squeezed out many many many ...many bears.

everest001

Thanks!

atrader

thanks

rosyrosy

sfbayarea

balto

呵呵，今天其实是最牛的推土机式上涨。。。

ninemao

谢谢！

Whigs

yes, S&P made a higher high and closed above sma200, that squeezed out many many many ...m ...
ypm968 发表于 2010-6-15 23:06

    I am one of the victims

wangbin

thanks

ypm968

I am one of the victims
Whigs 发表于 2010-6-15 23:17

    so am I.

xwj714

A manufactured rally by PPT?

We got tons of bad news today. Bad Empire manufacturing number, bad  ...
ypm968 发表于 2010-6-15 23:00

    thanks

MF is greater or less?

ypm968

thanks

MF is greater or less?
xwj714 发表于 2010-6-15 23:19

    better

sooners

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