It Takes Days And Weeks To Knock The S&P Down, And Only 1 To Bring It Back!

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HIGH: 1994.30
LOW: 1971.80 Early
LAST: 1991.00 UP 14.9 Handles
TOTAL VOLUME: 2mil minis; 35k bigs
MOC: SELL $125mil

Can You Say S&P Jam Job?

FOR TOMORROW:

MBA Purchase Applications
Consumer Price Index
Current Account
Housing Market Index
EIA Petroleum Status Report
FOMC Meeting Announcement, Forecast and Press Conference

MrTopStep Rules:
-It takes days and weeks to knock the S&P down, and only 1 to bring it back
-No stops go untouched in the S&P

Wall Street Journal:
-John Hilsenrath – Chief economic corrospondent responsible for covering the FED predicts considerable before the FED raises rates

The SINA.com story on the BPOC $500 billion worth of liquidity to the countrys largest bank.

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