Quote from eagle488:
This is it folks. The market seems to be capitulating just like in May. Everyone fleeing to large value. I cashed out all my foreign mutual funds.
Right after Christmas, all the Christmas stocks will sell off and then the tax selling will hit right after the New Year and it will be a chain reaction from there. The foreign markets and nasdaq will get hit the hardest.
I look forward to a pullback though...
Quote from whitster:
here in the real world, market cap and size matters
if there is X dollars margined in a 10 million dollars market that is more worrisome than 2x dollars margined in a 500 million dollars market, even though the latter has twice as much money margined
apparently, statistics and math are too difficult for you
Quote from eagle488:
This is it. Christmas sell-off and then next year will be tax selling in January on gains made in the last 6 months. All these are fairly routine things that happen each year.
However, I believe this will be the match that starts the inferno. As I have said before, this next correction will be sharper then the last.
Quote from scriabinop23:
good consumer confidence #
i bet money that the market will be up nicely next week. and if i'm wrong, i bet even more money (double up) the market will DEFINITELY be up the first week of the year.
we can come back to this post if I'm wrong on both and you can dangle it in my face, OK?
no liquidity right now -- market is getting sold when there's no mutual fund buyers operating now. easy money for hedge funds. path of least resistance is down without institutional support.
you should be buying index futures right now.