Today Goldman Sachs posts blowout earnings in the face of more bad subprime news. Yesterday's volume was the lowest of the year... but wait... the Feds ADDED $7 Billion. I don't see any Fed news yet this morning. I think the add was wrapped in a box that said: " do not open until tomorrow".
Finally there's this: See what happened on another low volume day on 9/8/06? On 9/11/06 they took them down just as they did today and from there it was UP UP and Away... I'm not sure they are going that far this time, but the technique is familiar...
Notice today that yesterday's low has not been tested on all this bearish news...
http://bigcharts.mar...&mocktick=1.gif
Edited by SemiBizz, 13 March 2007 - 09:35 AM.