And who has been pumping it? Last time I checked, the FED was still in its tightening cycle, and not pumping the system with liquidity. Fed Funds Chart: http://www.economagic.com/em-cgi/charter.exe/fedstl/fedfunds
liquidity pumpers have turned into equities dumpers ---- the liquidity pumping is now officially over! now the institutions can use the rest of the quarter to try and clean up this mess.
Once again, awesome comments! ET is getting more and more VALUABLE with each passing day. How long have you been trading??? :eek:
You have no idea what my positions are. But leave it to someone as naive as you to bash one of the more veteran contributors on ET, like Pabst Nice job.
Why do you even acknowledge someone who posts such drivel? I doubt he trades at all. After reading some of his posts I think he should change his ID to "whatareyousmoking". Every thread he starts is nothing but useless garbage.
Apex, just a friendly note that there is something called an ignore list. You can access it via your account screen.