Thursday, March 8, 2012

Just a thought

Why does anyone pay any attention to the Dow Jones/Nasdaq/S&P Averages?  With the absolute lack of volume ongoing in the market for months now, any 'large fish' in that fishbowl can offer to buy stuff no one is selling and drive up the market prices.  Alternatively any 'large fish' can sell something that no one will buy and drive the market down. It really is amazng to watch it all in my opinion.  Every logical piece of data screams buy, and the market sells downward.  Every indicator howls sell like the devil has hold of your arse, and the market buys. 

No comments:

Post a Comment