Yield curve inversion started some early selling, but stocks came back some at the close. Bernanke is basically being told by the markets to come in and tell the other Feds to simmer down. I certainly hope he gets the message next week or we could see some trouble. Lots of shorts out there, negative press, large put open interest above makes me think we have some support and short squeeze potential, but as usual, we will trade what they give us. More charts over the weekend.
This entry was posted
on Saturday, February 11, 2006 at 8:29 AM.
