retskas bear culling thursday, page-22

Hey Big Daddy, such an honour to be made the XJO thread header dude for the day. Thank you sir.
Would have been awefully embarassing had you posted the header to have the dow then drop 200 points, but it has played out well.

Big Daddy; "Retska made a timely appearance yesterday. Left it pretty late though".

Well, I did mention in the weekend thread that the short side was way overcrowded in reference to the put call ratio. I also said "Our market will obviously gap down tommorow after the Dow on Friday, then it'll probably flounder for a couple of sessions, while the yanks are on a break. Then we can look for a turn up IMO."

So I spose I called it earlier on too.

Alright, it seems as though Obama will be speaking this Friday regarding a $300 B jobs creation package. Now, I've been telling Bent Bernanke this is what theyve needed to do for the last 6 months, seems the message finally got through. I think Obama should read Hot Copper rather than listening to Bernanke.
Anyway on buy the rumour sell the fact trading rules that would mean longs are the go until Obama's speech.