Thursday, October 7, 2010

Intervention

As I said, the question was whether the bear/bull flags would see the false breakout which is so common. IT appears currency DID NOT SEE IT, instead equities, as usual did and they did by at least these two Patron Saints


So now the question is, "is this typical market maker money making" or "is this some kind of general market intervention?"

The seeming reversals now in both charts seem to suggest the first, but who really knows. As Usual, we'll have to wait it out and see who's playing the game.

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