Exactly what retail investors are buying this today? I sincerely doubt that there are enough retail players to absorb these prices.
How much did you buy today? And where? Let me guess you got in just above 2003? Sure ya did.
Run a 5 day simple average on it.......run a 1 day rolling average and run an average that starts at the start of each day. It's not too bad as a signal. At 1153 am we got a little bearish cross over.
Ronald Reagan was an actor last time I checked......so really, what's the big deal?
There is deflation and there is inflation. It all depends on what you are looking at. Food, energy, and things that are truly needed there is inflation.
Items that are simply a function of fads or style are completely deflated. Jordache? Sassoon? London fog? Various electronics. AMC PACER???? Lots of things.
I do not think you can tie a stock index to an economy at all any more. But you can probably look at the financial statement of a company and make a statement regarding how it is effected by economic conditions or perhaps even changes economic conditions which then effects other companies.
You are absolutely correct. The volume is irrelevant. Did anyone ever hear of something called a GAP?????? Price changes with out volume. I only look at the TREND OF PRICES. I do not care about volume at all. Now on a DOWN DAY you tend to see more volume because in theory LOWER PRICES SHOULD BE A BARGAIN. So it should attract volume.
Black Friday.......lots of shoppers......high volume......low prices.
This entire exercise was designed to make sure that stock indexes got pumped up. That is really the only thing wallstreet had to play with.
The only thing that will ever matter is an imbalance of longs or shorts as well as basic stupidity. Why on earth would you start getting long the NK futures so far away from 15287? That is all that matters. It does not matter at all where the perception of value is. The only thing that truly matters is knowing where the 252 day median price is and that is 15287. So if you really want to play the high risk trade, you simply pay 20 $ higher than that median price......and lose.
As far as I know, the Fed and perhaps other central banks are not marking to market the value of their holdings. Or, better yet, maybe they are, but since they are the bid for Gov Debt then I suppose they can follow the rules regarding lower of cost or market since they are the market. But once again that tells you that you are correct regarding the despair. IN the end you have one of 2 things or both.
Either Gov Debt is deemed worthless and then all holders get nothing.......or print to infinity and beyond and Currency is worthless and suspended as we have seen in the past (Germany has had how many currencies?).
SO if Gov Debt is worthless then you still get a disaster and I guess that implies that currencyis worthless and that is a disaster.
THe yen is crushed. The EURO lost 1.36. So I have to assume that we get 2 problems......worthless debt and worthless currency.
I wonder what it is that traders are not seeing. As long as the 252 day linear regression curve is above the 252 day median the bulls have it. All there is to it. Now that does not mean you can not sell short but you better sell short a market edge. Not a reason in the world TODAY to not put something out there at the 2070+ area. The pros were NOT BUYING THAT. Too far away from 2049.50
The message boards do contain messages from posters who job it is to post. This is known as "message board attention".
It is not too hard to see who is getting paid and who is not.
The idea is to only want something when there is none available. That is the game.That is the game in all futures contracts. All long holders of oil futures contracts that can not afford to hold them will be forced to liquidate. Once they are wiped out, oil futures contracts will rise. holders above 68 are getting taken out.
I actually find it amusing to think that a central bank, that prints currency, will print more currency to buy its currency. That creates a death spiral. Currency interventions really can not work .
That is the same as taking out a loan to pay back another loan.......wait......they do that all the time.........balance transfer.......
Japan is simply doomed........debt to gdp ratio is finally coming home to roost.
Look at that, wiped out the futures holders above 68...........took em to the wood shed and now back up........