haspetes's - flat tops = drops thursday, page-5

I guess it was only a matter of time before Europe raised it's ugly head, Spain having trouble selling debt overnight and yields rose from 5.4% to 5.7%, all the bad news seems to come out just after QE hopes are dashed lol

"The only reason the market isn't really tanking today is because the jobs number is coming out, and everyone believes we'll get a good number," said Dan Alpert, managing partner at Westwood Capital LLP. "You have a sign that the Fed is very unlikely to keep this liquidity coming, and people are starting to believe that Draghi is serious [about keeping a tight policy], and you start to ask yourself the question: was this rally that we've seen just liquidity-based, and what happens if that goes away? Now people are nervous and they're looking back at fundamentals."

Good trading and a safe Easter break to all