Web Statistics big boys buying up big

Monday, 14 October 2013

big boys buying up big

big boys buying up big!

It seems that some of the big boys on wall street are buying up big on the market. This is significant for 2 reasons we feel.

1) It means they are pre-emting that the debt ceiling will be lifted, and the govt shutdown will re-open. 

and....

2) They are also guessing this will mean the US will not Go into DEFAULT later in the week. 

Whatever the case, there has been alot of activity in the market the last few days, as you can see in the supply demand indicator has now confirmed this.

We are not saying the US will not DEFAULT. We are simply showing our readers what the smart money has been doing in the last several days. Now we just wait and see what congress decides, but most of all follow the charts.




spx chart




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