just looking at the price/vol picture, its very obvious that the global money has said that the indexes are not going to drop.. for ftse it 6280, for spi its something else, but basically there seems to be a big money floor under them.. hello. spx futs just erupted up.. so who knows? Big money carries a big stick.. it will take a big fright to make the complacent herd flee into sell mode again.. I don't see that sort of signal on the horizon.. even if the fed decides not to lower rates, the combined spin of big money/media/govt will be so loud you won't hear an independent voice for weeks.. if they have their way it will mean a bigger nastier crisis later.. but i guess they are into the buying time game.. so fug it, i'm going to take their lead and go long.. unless i give up this rorted game altogether.. and probably not going to do that.. baa! baa! thats me, twentieth from the right with the white fleece..
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