Thomas Wagner

ETF Billion Dollar Club Gets Smaller: May 2009

I suspect that the FED's plunge protection team is also keenly aware of the above. Take a look at the IYR/SRS and SKF on a day like today with the market down 140pts and interest rates rising on the long curve neither SRS or SKF are showing any upside movement. Now who do you think may be in buying today to support these?????. I think uncle ben and company have fiqured out they can short circute the shorts by taking the opposite side of there leverage trading vehicles

Nasdaq 100 Bounces Nicely Off Its 50-DMA

My NDX 100 Chart from prophet.net has the NDX100 50 day moving average at 1276.00

The 20 day simple moving average is apox 1372.61. What am i missing ????????