Quote from intradaybill:
What you see is a rebalancing, money flowing from bonds to stocks. This will end at some point and if volume does not pick up then the market will sink under its own weight. The rebalancing is a vicious circle. As money flows out of bond funds, long-term interest rates go up. If long-term rates increase enough, the market will fall because people will find better yields in bonds.
The French call it cul-de-sac I believe. This is what happens when there is no wealth creation and the pie gets redistributed around.
Quote from PropTraderMTL:
You know what the cul-de-sac literally means? Ass of the bag... I laughed when I learnt this...
Also this whole thread just makes me want to short the market... your top will be in when Time Magazine comes out with a headline along the lines of "how high can it go?"
Quote from brokenmarkets:
you can't sell in the open market the bid is 100 shares. large funds don't even participate in the open market anymore. only retail traders participate in the open market..any large market order would crash the market like may 6,2010...someobody did a market order. and wiped out all bids.
there are a lot flat days where the marekt flatlines for 4 hours straight. doji.
it like the market makers can control the bid and ask..since volume is so thin the market doeswn't move
Quote from S2007S:
The days that market is flat lining are days when the market should be down. This market doesnt even feel like a true market any more, it used to be at least somewhat exciting to see up and down days and weeks for that matter, today all we get are gaps up and sideways trading throughout the day. Its being completely manipulated and for those who don't think so are just complete fools.
Quote from denner:
It's a no win argument with the vast majority on this site. This place is filled with pollyana's; I largely suspect that most of them are baby boomer assholes who feel entitled to perpetual asset inflation at the cost of destroying the country and all future generations.
You also can't point out the flaws in this mentality because these dolts will claim that you are simply a disgruntled perma-bear who is short the market. Really, it's like having a debate with Peter Griffin or Homer Simpson. Fuckwits, I tell ya.
Quote from EMRGLOBAL:
This is a prop't up market for sure.
However, as most on ET and most in the US have zero clue on what is going on. No offense as most do not deal in the Global Arena.
Volume is still super low. Less money has flowed into the US STOCKMARKET and nothing compared to the Outflows of 07 & 08.
Who is playing this US MARKET other than ET traders and 401k Bandits?
Smart money has not come back. In fact, probably will not return for a decade if not more. So, yes the BULL will continue under cheap money and Gov Bailouts.
Here is the kicker, while the "Stock valuations" rise, so does the cost of Energy, Food, and Transportation. This "Taxation" in the form of Inflation with those items will eat away the profits of the "US STOCK MARKET".
As the 401ks and Pension Funds sit in US dollars, the false hope of "Profits" will slowly be eat'n away by the cost of living. What good is PROFIT if you can't take it? Very few people will take the 10% slap and pay taxes to cash out their inflated 401k and rebalance it, so they will have something when they retire.
So in this PERMA BULL....the peope that will make money are BANKERS, TRADERS who trade for those BANKS, Independent traders who can eak out a living against the HFT and BANKS. The rest of the "Middle Class" will reach lower middle class by the end of the decaded, even with their Profits.
So, bring on the US BULL MARKET. It free's up more smart money that I can deal with. The more this market rallies the more my high net worth clients laugh and look for other arena's to invest in.
Quote from EMRGLOBAL:
This is a prop't up market for sure.
However, as most on ET and most in the US have zero clue on what is going on. No offense as most do not deal in the Global Arena.
Volume is still super low. Less money has flowed into the US STOCKMARKET and nothing compared to the Outflows of 07 & 08.
Who is playing this US MARKET other than ET traders and 401k Bandits?
Smart money has not come back. In fact, probably will not return for a decade if not more. So, yes the BULL will continue under cheap money and Gov Bailouts.
Here is the kicker, while the "Stock valuations" rise, so does the cost of Energy, Food, and Transportation. This "Taxation" in the form of Inflation with those items will eat away the profits of the "US STOCK MARKET".
As the 401ks and Pension Funds sit in US dollars, the false hope of "Profits" will slowly be eat'n away by the cost of living. What good is PROFIT if you can't take it? Very few people will take the 10% slap and pay taxes to cash out their inflated 401k and rebalance it, so they will have something when they retire.
So in this PERMA BULL....the peope that will make money are BANKERS, TRADERS who trade for those BANKS, Independent traders who can eak out a living against the HFT and BANKS. The rest of the "Middle Class" will reach lower middle class by the end of the decaded, even with their Profits.
So, bring on the US BULL MARKET. It free's up more smart money that I can deal with. The more this market rallies the more my high net worth clients laugh and look for other arena's to invest in.
Quote from Nine_Ender:
Total utter nonesense. Your clients should find a smarter advisor I guarantee you are underperforming the stock market since early 2009. I feel badly for your clients, your approach is outdated and unsuitable in today's world. Adapt or retire. I'm quite serious.