Friday, February 5, 2010

Market wrap - 4:15

WOW, again. What appeared to be another huge move to the downside, the market turned around 2:00 and drove higher. 22 points higher on the S&P and over 100 on the Dow. Incredible. Why? Who was buying? Questions we will never find answers to I'm willing to bet, but is sure looks funny to this trader.

Check out the move in the S&P from 2:00 and the huge run up between 3:00 and 3:15. Something funny going on? Oh, and isn't it something the Dow finished above the psychological 10,000 level?





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