you're still misunderstanding me. or maybe i'm doing a poor job of explaining it.
i mean if this holds (which I'm sure it won't in the long term) then all my comment was is that we can look forward to very trending markets now. kind of like, instead of up 10 handles, consolidate, then up...
nah, I meant during corrective moves. IE, the China market in the last several months.
basically, roller coaster rides from now on, with no consolidation in between. ie, straight up, or straight down. :)
Well, won't this mean much more continuous moves / trending markets now? :D
Either straight up, or straight down when the puke point is reached globally.
It amazes me that financials can't be shorted anymore, but the majority of them (IB's) were doing most of the (naked) shorting on all the other sectors. They can dish it out, but they can't take it.