"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824
Friday, July 30, 2010
Morning Post, SPX, S&P 500, E-mini
Not commenting on anything till all the econ indicators report. I'll say that you need to have your finger on the trigger willing to shoot either way. I assume down will be the appropriate direction. We now know that it was this announcement Already Bought A 3D LCD In Anticipation Of QE "Instarefi" 1.999? You May Want To Consider A Refund that moved or reversed the markets from what should have been a free fall. I updated a bunch of charts. That reversal today really screwed up the ST charts indicators. I'll say I do like the ring that "Flash Friday" has to it. GL!