Monday, October 12, 2009

The fed is closed today

Perhaps Mr. Bernanke is getting a shave and a haircut today - resting from a 6 month period of shoving liquidity down the the throat of just about everything - if the SPUZ fall today it can only be b/c he is not there to offer more liquidity to the marketplace. Now more than likely the SPUZ will run back to the highs but there was a very large seller in there in the 1075 area - perhaps a real seller. They could turn lower for the day - I know shocking.

JB

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