If CNBC were a chart to be read, today would mark a clear turn point. They are moving from asking scared questions to asking vindictive questions that are to sow the seeds of doubt. They can do this because credit markets are returning to normal. They believe the bottom has been made and are now moving to "Compress" the market, to intentionally discourage hope and make rallies fast and sell offs last consecutive days. Many independent traders refer to this as "shaking out".
Market media has moved to kill off the hedge funds that were not going to be around for the next bull market. Now they will work to rebuild the hedge fund industry -trying to drive as much retail investment volume to the market as possible in the hopes of exhausting a retail holder of all profit potential during a phase of the market that would most likely be the best environment to buy and hold.
Market media has moved to kill off the hedge funds that were not going to be around for the next bull market. Now they will work to rebuild the hedge fund industry -trying to drive as much retail investment volume to the market as possible in the hopes of exhausting a retail holder of all profit potential during a phase of the market that would most likely be the best environment to buy and hold.