Thursday, October 20, 2011

Another Example...

The Sewing Circle Rumors are in full swing, but this time I do believe the positive divergence was published in real time, BEFORE the catalyst for upside was released so you just saw real time, the insider information and once again, the sewing circle rumor mill that is called the EU.

From Reuters...

"German Bund futures erased losses and equities slipped further on Thursday after a newspaper report stating that the German government did not rule out the postponement of this weekend's crucial EU summit boosted safe haven demand."


There's the rumor...


Remember the positive divergence I published-the 1 min ES suggested upside that you may be able to trade...


minutes later...THE DENIAL



  • Senior EU sources say unaware of any plan to postpone Sunday's EU leaders' summit
  • Austria finance minister says dates of weekend EU summit fixed, unaware of any postponement
THE EFFECT?
THE SPY SURGES NEARLY A FULL POINT ON HEAVY VOLUME IN LESS THEN 1 MINUTE!

It would be laughable if it wasn't so damn corrupt and pervasive and annoying.

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