S&P 500 Emini Day Trading Gap Monday July 27, 2009
S&P Emini 500 Futures gapped 5 points to the downside Friday morning at 967.25.
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How to use the levitation effect in the markets.
The levitation effect is the effect of our treasury dollars buying into the market place. The result of the levitation effect is the market is buoyant, almost floating along getting higher and higher on deteriorating fundamentals. Basically the ability to stay up no matter what is pulling it down. I am writing about this because…
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S&P 500 day trading July 24 S&P 500 live room trading
The S&P 500 basically rallied all day. The market was being bought on any slow down. It is amazing to see these bullish rallies. Especially in the light of the earnings that came out after the market closed. Microsoft profit dropped 29% as consumer demand for PC’s is dropping revenues causing shares to drop.
