because everyone is short or because you think a large selloff will not occur in our lifetime?
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
because everyone is short or because you think a large selloff will not occur in our lifetime?
Quote from tortoise:
Well we got our 1618...roughly 4 pt pullback (3.75, if one wishes to quibble).
Now, upward and tally-ho!
(interesting to see ES and ZB rising in tandem right now. Hmmmm...)
same thing happened before we busted out above 1600. does not surprise me. feds are buying everything including bonds and Euros. i would not read too much into it.
Quote from mastacoli71:
because everyone is short or because you think a large selloff will not occur in our lifetime?
No, not because everyone is short, although that certainly helps the Fed. No, I think when a large selloff occurs--and, yes, someday it will--that will be the last selloff ever permitted. Markets will be, essentially, legislated out of business. Moreover, the fact that such a massive selloff happened at all will mean that central banks have lost control of the situation, and we'll confront a certain degree of economic anarchy.
What's happening now is without precedent, because the situation is without precedent. So I say try to enjoy these cosseted, manipulated markets for as long as they're around...perhaps two years, perhaps more. For when markets are finally allowed to act like markets, that will be the end of them. And the end of a lot of other things as well.
Quote from tortoise:
No, not because everyone is short, although that certainly helps the Fed. No, I think when a large selloff occurs--and, yes, someday it will--that will be the last selloff ever permitted. Markets will be, essentially, legislated out of business. Moreover, the fact that such a massive selloff happened at all will mean that central banks have lost control of the situation, and we'll confront a certain degree of economic anarchy.
What's happening now is without precedent, because the situation is without precedent. So I say try to enjoy these cosseted, manipulated markets for as long as they're around...perhaps two years, perhaps more. For when markets are finally allowed to act like markets, that will be the end of them. And the end of a lot of other things as well.
bernanke openly admitted they are in unchartered territory. no idea why so many think just because they are the fed reserve that it is safe to assume they know the consequences of what is forthcoming. they have no freakin idea nor do they have any idea what they will do if a massive sell off occurs out of nowhere cause of some geopolitical event. sure there are trading curbs but what happens when buyside liquidity dries up cause all the algos are shut off. i don't want to see that day unless i am short into the move in which case i will probably cover in the first 10 pts to see it drop 100 in one day:eek:
investment companies are buying up housing not consumers cause they are getting greater then 10% annualized gross returns on their invested dollars through rentals. very few qualify for loans these days so they know they can jack up rents to get those kind of returns. it causes bidding wars both in rentals and purchases not to mention drying up supply and causing false demand.
the whole thing stinks like dead fish.
Quote from tortoise:
No, not because everyone is short, although that certainly helps the Fed. No, I think when a large selloff occurs--and, yes, someday it will--that will be the last selloff ever permitted. Markets will be, essentially, legislated out of business. Moreover, the fact that such a massive selloff happened at all will mean that central banks have lost control of the situation, and we'll confront a certain degree of economic anarchy.
What's happening now is without precedent, because the situation is without precedent. So I say try to enjoy these cosseted, manipulated markets for as long as they're around...perhaps two years, perhaps more. For when markets are finally allowed to act like markets, that will be the end of them. And the end of a lot of other things as well.
Total nonsense.
Trade with the trend. Forget your opinion.