Tuesday, December 20, 2011

SP 500 and NDX Futures Daily Charts - Santa Claus Came on Light Volumes



Utterly fraudulent rally on light volume.

The wiseguys saw an opportunity to run stocks higher in a dull market as I had cautioned they might yesterday.

This may or may not stick depending on whether the news intrudes into their ponzi Christmas scheme.

But it was a rally based on pure fumes and greed, and nothing more.

I used it to square up and sold into it, and am now holding a paired

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