ohh yeah mr fed friday night, page-6

With the close spi had after 4:10pm today and Hang Seng recover to just down 1.3% instead of over 5% and now we have Feds cutting rate and world market going gang busting, we should see our market jump 2% to 3% at least on Monday unless of course Dow close down over 1% tonight.

As I said, the risk of going short this far in the down market is too much of a risk of surprise intervention from the Feds or the PPT last night.

The bulls should have a few days of joys next week but let hope Dow will close up when we wake up in the morning.