I agree with your point here, but when "joe investor" tries to time the market, he usually gets it wrong - buys at tops, sells at bottoms. And...
They certainly don't have the best track record as far as market timing goes, lol. Like a bunch of f'ing cows...MOOOOOOO!!!!
LOL, Joe Investor has no clue and has already run for the hills - check out mutual fund flows lately if you don't believe me...
Will keep the pressure on in the market neutral/quant space as redemptions hit.
Shorts won't give in that easily, they'll keep pressing for now
I know - some seem to actually want the world financial system to fail and plunge the world into a new Dark Age. I mean, wtf!?!?
Why is everyone so surprised over this!?!??!
Agree. I don't understand people who get married to one view and can't change - trade what you see, not what you think should happen. The Fed...
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I wish he had grabbed a chair and threw it or something, that would have been great, lol.
LMAO - and you guys are actually surprised this happened??!??!
Joe Blow has fled the market. Hedgies and institutions are the one whipping things around...ever heard of program trading???
LOL
I'm a buyer on a gap down Monday - if/when it occurs... :cool:
Actually I discovered the real reason - this dude got distracted and accidentally entered a massive buy order causing the shorts to panic. :D...
The herd thought the same thing - hence the opposite happened - works every time :D
I'm waiting for a Time or Newsweek cover regarding the subprime crisis - than an intermediate term low will be in for sure. :D
Who cares either way? Don't tell me it distorts the "market". The game is rigged anyway. Accept it and play along or don't play. Its that simple.
Dunno, I think there could be some more testing of todays low, but I think the downside risk is limited below there for now.
And I'm betting you shorted near the lows of the day...
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