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SPDR S&P 500 ETF Message Board

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  • matthew_and_january matthew_and_january Nov 7, 2011 9:51 AM Flag

    How long can this charade go on?

    Funny, I was just about to say the same thing. The tech boom was the craziest of them all. You can't watch every tick in the market and accuse it of being rigged if it isn't going the direction you would expect based on the fundamentals. Fundamentals matter long term, and the markets will come back down at some point in the next 6 months, but in the mean time anything can happen, based on investor sentiment, or mutual funds that are chasing the rally that missed the first leg up, etc. The market is the market, if you look at it in the short term, it will be volatile and make no sense.

    Set levels where you are happy to buy and sell, and take action only when those levels are achived, and ignore the news in between. Unless Italy defaults, then sell everything...

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