Ramp-O-Mania Thursday Rub Down
I’m reporting to you from the International Space Station as equities just propelled into the stratosphere on NASA’s newly developed irrational exuberance propulsion system (IEPS). I’m also happy to announce that the Fed’s new 100 gigawatt Air-to-Bear X-ray laser has been successfully been deployed.
Another predictable up day for Zero subs – just like the last three sessions. We never breached the zero mark, even during the faux late day short term bear trap. Ramp-O-Mania is in full force at this point and even the most gruesome economic reports are being shrugged off by investors who have seemingly acquired an immunity against economic realities during their H1N1 inoculation.
Program Trading Update:
I’m going to take it easy for the remainder of the day. Keep the good charts coming – brilliant stuff will get posted as in the previous thread.