Well, they rolled over. Unbelievable the lengths they will go to to have us believe they are stewards of a supposedly sound economy. I have my doubts they ever planned to do anything and that Huey, Dooey and Louie (Fisher, Bullard, and whoever Louie is) were just media jawbones after all. The nerve of these people.
HUI has spent the week fooling around in a bear flag, which seems logical with the markets under the spell of FOMC. Everything is just hanging around. If markets start flying all over the place and if HUI breaks down from the flag watch for support above 217, or possibly an in-day drop and reversal. My plan is to remain light until after FOMC and … Continue reading NFTRH Update, HUI Status