Loading ...Thu, 04/19/2018 – 07:19 Permalink
Well we all know what happens next. Monkey hammer VIX and precious metals around 9:20 and Plunge Protection Team sells unlimited (as much as market can absorb) of DJIA/SPX puts while simultaneously buying SPX futures.
Same song and dance over and over ad infinitum
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I gotta disagree with him on PMs–in their usual ragged, slow, plodding way [to shut out the majority], they will go higher-as I write the pullback is minimal–that is bullish action…but lets see if a big hit occurs later…the $ index is not a factor-it is barely up…