Since i do not have any time this evening, I just want to make one observation, actually 2. First the upmove today was out of heavy buying in the futures, which is very unusual. Second, from the spring at 6 to 9 the market moves up 10 points. The buying pressure is clearly greater than the selling pressure and the ease of movement is up. In spite of this we move 1 point in 1+1/2 hours. The effort does not equal the result.Tuesday, April 21, 2009
MARKETS 4/21/09
Since i do not have any time this evening, I just want to make one observation, actually 2. First the upmove today was out of heavy buying in the futures, which is very unusual. Second, from the spring at 6 to 9 the market moves up 10 points. The buying pressure is clearly greater than the selling pressure and the ease of movement is up. In spite of this we move 1 point in 1+1/2 hours. The effort does not equal the result.
