Can you say “run and gun” ? We can !!
After yesterdays late day sell imbalances and sell off the S&P has come roaring back to S&P 1700. Remember me saying that the S&P had to back and fill to rebuild its thrust before going back up?
SPU 1703.30 high
SPU 1694.70 low
SPU 1702.00 last
Total volume : Not as good as yesterday; 1.4mil ESU and 2.5k SPU trade.
MOC BUY $975mil
Tomorrow :Jobs Friday, Persoanl income and outlays, Factory Orders and James Bullard speaks
CSFB sold 2bil in fixed income and bought midcap