Friday, October 24, 2008

Last Hour = Hedge Fund Hour

We have this anomaly at the moment, from early october sharp losses at last hour of trading were reconducted to hedge funds forced deleveraging, today we have the rumor about legendary hedge fund Citadel, but somehow i think we wil close higher....
it's a tought call but i think we will close in green !


SPY level at the time of posting 86.50

I think it can go over 90 at the close maybe

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