Go DOWN Already. What the is going on here?! Nothing discounted?

[deaddog]

Every trade consists of two traders guessing at the direction of the market. One of them has to be wrong.

 

[bone]

NASDAQ was crazy bid all day long.

 

[SunTrader]

Every trade consists of two traders guessing at the direction of the market. One of them has to be wrong.

Not necessarily. Hedging/spreading/etc. Besides the fact one large fund can buy up 100's of smaller traders offering. 1 vs 100 is not 1 to 1. And 1000's of other variations.

 

[deaddog]

Not necessarily. Hedging/spreading/etc. Besides the fact one large fund can buy up 100's of smaller traders offering. 1 vs 100 is not 1 to 1. And 1000's of other variations.

Smart money vs the 100. Still a winner and a loser.

 

[Tradex]

Market is always correct.

Absolutely.

The idea that the market SHOULD be doing this or that (despite clear evidence of the contrary) is what causes traders to lose a fortune.

 

[SunTrader]

Smart money vs the 100. Still a winner and a losers.

FYP

 

[bone]

You have no idea how and why commercials hedge or institutional investors run a relative value portfolio, I take it?

Smart money vs the 100. Still a winner and a loser.

 

[deaddog]

You have no idea how and why commercials hedge or institutional investors run a relative value portfolio, I take it?

None what so ever.

If you are going to explain it to me please keep it simple.

 

[comagnum]

I smell a blow off top nearing - the breadth keeps narrowing & we have been stuck in rotations from the Russel to the NDX100, then visa versa.

Not a very healthy market when you look under the hood. The Fed/central banks are causing a big distortion - they are the irrational exuberance.

 

[Overnight]

I smell a blow off top nearing - the breadth keeps narrowing & we have been stuck in rotations from the Russel to the NDX100, then visa versa.

Not a very healthy market when you look under the hood. The Fed/central banks are causing a big distortion - they are the irrational exuberance.

Something funky has been going on between the DOW and NASD as well. One will underperform the other, then next day they shift momo.

I blame Canada (and Walmart).