looking at all the green weekly bars..working group in effect supporting equity prices since the crashes.
i kinda like reading your posts..but cmon..this conspiracy stuff is getting a bit thick.....first of all who the f cares? second..you are wrong..i'm sending a lot of my profits in to this market..and i know i am real, lol sure amzn and the like are nutz, but all in all i can justify buying certain components even here.
weekly chart shows the banks violate the previous highs then retrace the previous high, breaking support .. killing stops then snapping price back up.
5 years ago if you believed in conspiracies, they said you were a nut, today,if you don't, they say your a fool, world is changing like an asteroid coming at ya
most everyone that I talk to isnt playing the market, like it was for past 20 years, its mostly dividend paying blue chips to emulate fixed income returns without being in fixed income, I've been watching price action since late 80's. Many people are commenting the un natural nature of it.
i don't disagree with that, but i do not believe there is some grand plan either (other than the fed working to stabilize asset prices). i do feel u may be in the zerohedge type group think that has gone on since 666. i too have traded since late 80's and am cautiously buying..but my time horizon is in yrs on that part of the book. anyway, i wish the short term es traders luck....just responding to what i see as too much bias possibly messing with shots at making money.