Crashing Wall Street's Party

 Every now and again world events transpire (call it what you will) that send most methods of technical analysis back to the drawing board.

 
 How does the US Dollar rise over a two day period when the markets have risen? This generally gets catagorized into the TA's many caveats as the good old "exception-to-the-rule" clause ... or as we like to say:

 
 Always perform your own due diligence.

 
 We now live in a world where bad news is good and good news is bad. The spin doctors (something we commoner day traders are forced to deal with on an almost daily basis) have seen to it with each and every shift in the market place.

 Yesterday, for example, one might have thought the markets were finally (finally!) on their descending journey to hell, especially when considering the gap down "the boyz" magically performed Monday evening on the futures markets. The bulls who trade on margin may have been scared out of their collective drawers yesterday morning and covered, only to find there was a "do over" in progress as the day wore on.

 Alternatively, those bears looking to climb aboard the "short-the-market" train were handed a similar result and the bottom line was this:

 Wall Street 10, Traders 0.

 It was a route! The Boyz of Wall Street, fully equipped with their emotionless, algorythm trading programs (not to forget a little insider help from the powers-that-be ...... who are we kidding?) saw to that.

 Well, kids ...... chalk it up to, "Takin' care of business."

 We may not be invited to Wall Street's disgustingly lavish events, but we can always crash their parties.





 Always perform your own due diligence. These are only my opinions.