So far I think this is working well.

Small ABCD at old upper //. Now we see what they intend.

Small bounce to .382/.447, set line, and TL from below. They have to talk to us soon.

Beige book out any second, I heard? Or Fed minutes...

Yep, minutes.

They revised the GDP outlook as negative for all of 2009 and 2010? Is that right? If so, the market should collapse. The market is pricing well over 3% positive by next quarter, or second half at the latest. Now, when the market doesn't tank on this, that has to be manipulation, IMO. This should kill the market, unless the news channel is wrong in their reporting again...

VIX barely moving...

I would think they want to sweep the 810 area stops, then it may snap up, but once 810 goes, I think it's toast.

Good thing I have such a nice speaking voice, since I love to hear myself talk...

It says: " the staff's projections for real GDP in the second half of 2009 and in 2010 were revised down, with real GDP expected to flatten out gradually over the second half of this year and then to expand slowly next year"

quote:

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Originally posted by jimkane

Good thing I have such a nice speaking voice, since I love to hear myself talk...

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I'm still here. It seems it's only the two of us anyway.
Wanna start a two-member forum ? :)

they always see my areas :)