Jump to content



Photo

Interesting scenario


  • Please log in to reply
No replies to this topic

#1 DrSP

DrSP

    Member

  • Traders-Talk User
  • 2,391 posts

Posted 13 April 2011 - 08:43 PM

I posted my last signal here
signal

There is no doubt that this market rally was dependent on the POMO/ QE2 for most part since 09/2010. In view of the current sell signal, if you look at the current POMO schedule here , it presents an interesting scenario. From April 18th - 25th, there is only one significant POMO day which is April 19th having 5-7 B $ auction. There are 2 1-2 B $ days which I don't consider as significant.

Let's see what happens.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.