Saturday, September 05, 2009

ARE THE EQUITY MARKETS TOPPING

http://safehaven.com/showarticle.cfm?id=14397&pv=1

Keep in mind with my other comments, HIGH FREQUENCY TRADING (program trading) is now near 70% of all NYSE trading volume, lately 40% of total volume in just a handful of gov bailed out POS firms like AIG C BAC

Lots of things can take a market higher, too much pessimism, improving economy with growing company earnings, market liquidity, lax regulation, and outright manipulation.

Banks bottom line is being hidden by the suspension of standard accounting rules where assets STILL hide on their books at 90% of value (they say) instead of where they REALLY ARE....70% or worse....so YOU are buying STALE fraudulent earnings IMHO...ones that don't exist.

The avg investor is NOT IN THIS MKT, 7 MILLION PLUS have LOST jobs, are they now putting in money?

Credit is tightening, contracting, debt is at ALL TIME HISTORIC HIGHS.....this is OPPOSITE to environment sustainable economies and markets are built on, IMHO

D

3 comments:

Anonymous said...

Hi, what difference does it make if the average investor is in or out of the market? I am interested in specifics that would influence overall market action. Thanks.

D said...

What do you think is going to be the over riding influence?

US $? INT RATES? It's supply and demand basically....right now there is enough demand to soak up supply.

ALSO your time frame is important and what you trade, If you're talking LTBH...well thats been losing prop last 12 years.

Anonymous said...

You did not answer the question. What difference does it make if the average investor is out?