FED is basically saying

"we don't want this market to go lower".

FED announced lower than expected bank reserve requirement at 2:00pm. Short covering in banks. GS is on fire.

So close your short and go long. Don't fight the FED. I belive more action next week.

所有跟帖： 

• 银行不缺钱，但贷款放出去就回不来 -君子好财- ♂ (0 bytes) () 06/10/2011 postreply 12:18:12

• Borrowers get the money and not return them -duck_donald- ♂ (269 bytes) () 06/10/2011 postreply 12:23:12

• 五年白住房啊，比抄股轻松多了。 -duck_donald- ♂ (240 bytes) () 06/10/2011 postreply 12:34:53

• we are not discussing the economy -越王剑- ♂ (69 bytes) () 06/10/2011 postreply 12:27:33