Yeah right. whos buying?
But seriously, if this doenst shake up sentiment for a few weeks I dont know what does. the bull foundation seem to be over, dip buyers might feed a bear leg
Yeah right. whos buying?
But seriously, if this doenst shake up sentiment for a few weeks I dont know what does. the bull foundation seem to be over, dip buyers might feed a bear leg
Hell the baby's getting throw out with the bath water, but hey there are a lot of shit stocks that hitched a ride up on this bull also.
There are some stellar companies out there with fantastic earnings and they're getting crunched..... so what. Fundementals matter and the chickens are coming home to roost.
There will be value once again after the crater has been made. It's just that the cratering is pretty painful.
One man's pain is another's pleasure, just trade it!
Yes, you are right of course. If this were merely a routine correction we would not see the interest rate on the ten year plummeting. That's due of course to the significant increase in demand for bonds, as folks pull out of the market and shift into bonds. There is a degree of panic evident in the steep bond yield decline. We traders who are flat at the end of the day have the big advantage here. We don't need to panic and buy bonds at an unfavorable price.