Hot air would work forever in the markets when people want to believe. Once people stop believing in the hot air, things tend to get unstable. Much of what may have happened today is a direct result on governments insistence that all was OK at the corral, forgetting that the horses were in the barn. Seems that the barn doors may have been flung open today, will they be able to shut it, we'll see. To me this is what it looks like:
Have a great weekend and let it play out
Happy Trading, Living and Dancing
Anni
Yesterday, on the Dance Floor : + 12.16 points. Join us for the next dance: "MEMBERSHIP" Today's BlogPick - NONE
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