I think he died....This last sell off was BRUTAL.....LOL sell, sell, sell, 100% down room to go!...LOL Blood money's a beeyoch!!!!
This is my post from 5/17. I am looking to buy tomorrow at the open. We might see 1300 before seeing any major sell-off. The bounce to 1300 will provide the perfect set-up for a crash.
the problem with that is just about the time we hit 1300 the brokers end their summer in the hamptons - that wh00shing sound you will hear is the sound of massive amounts of liquidity rotating back into the nasdaq. -kk
It's not the brokers that provide liquidity. It's the Central Banks. Once BOJ starts tightening, we'll see more sell-offs.
with respect - the central banks don't provide liquidity to the equity markets, people and institutions do.(maybe the PPT here in the US ) you brought up the BOJ tightening, I think we will see more upside as they tighten: people will want to get money and invest while it's still cheap to get money. The same thinking has shown itself with rates and new mortgages here in the US when the Fed originally started raising rates.
The three things that effect liquidity are money supply, interest rates and bank's reserve ratio. Money supply, Interest rates and bank's reserve ratios are determined by the central banks. [/B][/QUOTE] you brought up the BOJ tightening, I think we will see more upside as they tighten: people will want to get money and invest while it's still cheap to get money. The same thinking has shown itself with rates and new mortgages here in the US when the Fed originally started raising rates. [/B][/QUOTE] We could see some upside as the BOJ tightens, but when the market stops going up and actually starts going down, there will be many margin calls and that could result in a crash.