Wednesday 29 April 2009

Bull run - part 1

FED Day.
Nobody pays attention anymore, these days, to the FED action. Rates are zero… so what. However it’s worth to mention that the last three FOMC sessions, stocks performed very well every time.
So, come on FED, throw us some quantitative easing.

The hourly renko chart of the Standard & Poors 500 seems ready for another break-out in the early trading hours. Nothing can hold these markets back. Signed: Goldman Sachs who takes as a liquidity provider more than 20% of the daily volume for his own account….


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