For those who trade or for those who simply follow the stock market for pleasure, curiosity or whatever reason, today I've seen the same 'ol thing happening AGAIN!
After the sell-off we've experienced yesterday, I was starting to think that LEG DOWN N°2 was on its way.
But today, after the market started it's steady descent after 10am, at exactly 2pm est I've noticed a sudden bump up which was not showing any weakness at all.
Now, this is NOT the investor putting his money back into the markets. What is it then?
Take a wild guess...
There are so many issues that are deeply concerning investors. At home and overseas.
It just remains astonishing how things like what happened today just pass as market confidence coming back and all is good. Buying opportunities in this little pullback.
Well, maybe. Time will tell.
But one thing I can guarantee... we are not in a bull market.
THIS IS PLAIN FANTASY CAMP.
And to all the Americans out there, the markets want you to enjoy a weekend in serenity and relaxation in front of the TV watching the Superbowl not worrying about what might happen next week.
Cheers
M
After the sell-off we've experienced yesterday, I was starting to think that LEG DOWN N°2 was on its way.
But today, after the market started it's steady descent after 10am, at exactly 2pm est I've noticed a sudden bump up which was not showing any weakness at all.
Now, this is NOT the investor putting his money back into the markets. What is it then?
Take a wild guess...
There are so many issues that are deeply concerning investors. At home and overseas.
It just remains astonishing how things like what happened today just pass as market confidence coming back and all is good. Buying opportunities in this little pullback.
Well, maybe. Time will tell.
But one thing I can guarantee... we are not in a bull market.
THIS IS PLAIN FANTASY CAMP.
And to all the Americans out there, the markets want you to enjoy a weekend in serenity and relaxation in front of the TV watching the Superbowl not worrying about what might happen next week.
Cheers
M
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