I use IG a lot, it's useful for predicting the likelihood of a shake but not tops/bottoms.... these people are short term traders and they like to fade the market, it's also smoother than AAII.... but the latter, for the same reason of choppiness, can be better in predicting bottoms, in tandem with price action.
Is it dumb money leaving the market?
- Thread starter Metamega
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I use IG a lot, it's useful for predicting the likelihood of a shake but not tops/bottoms.... these people are short term traders and they like to fade the market, it's also smoother than AAII.... but the latter, for the same reason of choppiness, can be better in predicting bottoms, in tandem with price action.
everything is about perception. This thing will and is shutting down the global economy before people realize the above.
we need a vomiting session then start picking up the shares until then stay on sidelines
Where do you get this from?
Average IQ in UK is 100 and 98 in US. So there's no way it's 110/105 in UK.
Also, scamming people is a numbers game and does not require a lot of intelligence. They have one fairly smart guy at the top and the rest are just sheep repeating the same lines.
And you're using anecdotal evidence, as people always do when talking about this subject.
Those with the most monies rules the stockmarket. That is the truth. Retail traders even if you put your monies together will not be enough to move the markets but, the big hedge funds, brokers, big traders together dictate when a stock will go up and when it crashes. Now, if you were smart, you will stay out of their way and just follow their lead. Talking heads on cable TV telling you what to do are among the biggest idiots around.
Not surprised, do you recall rate cut in Jan 2008, where market sell off was caused by rogue trade in SocGen?
https://www.reuters.com/article/us-...ger-market-rout-fed-cut-idUSL2455504620080124
Thee thing is, this time rates are so low already, not much room to cut. The whole cutting during "greatest bull market" in history, was pure madness.
For sure. The way I read the trend is "a lot of people who were short covered and are now flat". What would show a selloff is if price goes down AND IG % long goes down.
Never did claim it's the only metric. As I said, a lazy genius will lose to a hardworking above average guy.
Also, if you'd change the numbers in that quote to 160 and 80, would you still agree?
As I said many times over rates are already at bvb historical lows and what is about to happen here are negative rates, the fed created this situation. Rates should have been at 6-7% today but since the fed wants to juice the markets and keep wallstreet happy rates are under 2% and soon to be negative because they have no where else to go but negative.