Quote from clacy:
I don't buy that for a second because all of those major players don't work in a concerted effort. They would very much like to rip each others throats out if at all possible.
Quote from trader5454:
Dating back to 1993, this gain of over 9% on the S&P over the last 23 days is in the top 3% of all moves. Given the current non-volatile market condition, this is even more absurd. I don't think this has to be a top - but I think it is somewhat normal to expect a couple of down days of 1% or 2% if it is going to move to the upside this violently.
Quote from trader5454:
Dating back to 1993, this gain of over 9% on the S&P over the last 23 days is in the top 3% of all moves. Given the current non-volatile market condition, this is even more absurd. I don't think this has to be a top - but I think it is somewhat normal to expect a couple of down days of 1% or 2% if it is going to move to the upside this violently.
Quote from TILT2:
We could have a spike today then go down.