Its one thing to save financial companies, but its more important to save the general public which it appears they did by shoring up Money fund accounts
Today's open at spx 1250 begs to be shorted and expect a retreat back to the 1200 area by 2pm
2pm is 90 bars from the 1pm low of yesterday
The close might repeat yesterday's rally and Monday could open at or above 1250, but the GOOD feelings and short squeeze for the work of the treasury will most likely be whats NEXT?
Its good to wkno the even tho the Pres is asleep, weve got others who have been jarred awake and making the neccessary adjustments
it has been said that we may have survived the Money Crisis for now, but another set of SHOES is about to drop in October
Bradley HIGH was expected on the 21st and that means today & Monday
Next weeks levels are expected to decline into the next day of reckoning on the 25th
Will have index numbers later.
Jay
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