Fat Finger Open

So we had the futures sell off to 1358 pre marekt, but the powers that be said, hold on a minute turbo and broke all trades below 1401 and have managed once again to piss off alot of people, both long and short who had orders taken and now all those orders are being blown out. Sorry says Globex, but that’s how free markets work, the puppeteer can pull the strings anyway he likes.

IBM blows out earnings and guides higher. Market higher on that news alone. C and another 24 billiion and some more foreign goverment investments. What a weird world indeed we are living. Let’s see if this rally can hold and we can chase that 50% retrace figure of about 1462 this week on the upside, or will we truly test that 1360 bottom set in August? Which comes first?

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