Tuesday, June 1, 2010

Automatic Money

There is money that comes in consistently every month that is done automatically, regardless of price.  That is what happened at the open today as we had that automatic money piling in and inflating prices quickly in the first hour.  That effect should fade away soon. 
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1 comment:

Anonymous said...

Market seems to be ranging. If this range holds, I would not rule out a break out to 1125-1140. If it breaks down, then new lows obviously.

6/01/2010 01:22:00 PM

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