Well, will it gap up and make me cry (actually p#%& me off to no extent*...)? Can it keep running after going essentially straight up over 63 points? Will it blow out my great areas, as seen in rat's charts? Are the odds really what I think them to be, 0.0001% that it could go down here? These, and many other interesting questions, are about to be answered...

*Understand that I would be p#%&ed off to no extent not because I don't think this upside has been tradeable (I think it was highly tradeable), but because I want the market to be allowed to 'do the right thing' and move to fair value. I'm just sick (sick) to my stomach over this endless manipulation. The worse the situation gets, the higher the market goes, and the more the 'bulls' talk about how fair value is much, much higher. Ugh.

Because that's the game they play to screw as many people as they can...

Originally posted by rat89

why does if feel as though they want to snap it up and then down?

Less than 15 minutes to see some real swings. How can the Fed announce QE3 when they just extended twist until year end? So, in twist they'd sell short end and buy long end, and with QE they'd buy long end. Buy the long end with one program, and then do another program to buy long end? Will there even be any long end available for anyone else? Multiple programs running at the same time doing the same thing? Crazy.

Now, with expectations so high for this meeting, with, by that ZH report 110% of QE3 already priced in, I don't see how the market can't dump when all they do is extend the ZIRP until say mid-2015. But, my guts says we will see big up, a run towards that 1410-12. I hope I'm wrong, but I don't see it...

First reaction down, and now here comes the snap up.

from here?

Here they come...

All this doesn't matter, because Mario 'Dragh Queen' will make some crazy announcement tomorrow and gun this up probably hundreds of Dow points and maybe a few hundred pips on the Euro. Now, common sense would say the market has already priced in more than he could realistically do, so when it is clear he can't even do what he said, no less even less than that, it should tank. But I expect a huge pop up tomorrow.

BTW, looks like the ES will have made back all that drop soon, and then up?

Look at the drop and complete almost instant make up of the drop.

Okay, all the ES drop is now made up.

ES now up from the announcement. Zero surprise there.

Thanks....I'll take your educated guess over most people's predictions any day