ruminations.. if you ask me right now, it looks like mr voltaire might have been right again.. the markets (aside from our crazy cousin the hs) are all bearish.. spx vol suggests theres an awful lot of insurance being set up.. but theres some very big money buying at the lows.. ftse support is holding.. but uninspiring.. i'd say we have a DP vs the markets situation.. which says DP is worried still.. ah surprise surprise.. resolved to the upside.. for now
I really think anyone who thinks these are markets free from sovereign govt intervention is in la la land.. la la la land.. see, the sun shining, the sky is blue.. markets go up forever...
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