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What you heard was the lame explanation of a reporter who does not have
a clue as to what's going on in the markets today. These idiots have to
say something to justify their positions. They were and are flat ass
wrong. All morning they have been wondering what caused the mkts to go
down overnight. Clue Greenie said no coordinated rate cut.
The mkt has been trading up as the jerks on the street have been
screaming for the necessity of a rate cut. No cut No upside
tomgo
charles meyer wrote:
> I saw a comment this morning that yesterday's late rally was
> more expiration related than true buying of the market. Does
> anyone know how to distinguish this option expiration buying
> from true buying in real time? Thanks for the favor of your
> response.
>
> Charles
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