Thatâs how it always starts out. Some banks with government backing do all the buying. Then once the markets keep going up the institutions jump in, then the retail clowns. By then is almost over.
from realmoney. LOL.. Alan Farley Meow 5/29/2009 4:44 PM EDT Maybe someone's cat jumped on their keyboard at 3:55 p.m. and accidentally sent in $2 billion in buy orders. Happens all the time. Position: just another day on the level playing field
This market is dramatically overbought and could collapse at any time. I can not imagine anyone who bought on 3/9 is still long.....this is the highest 3 month percentage gain in something like 70 years. By no means does it have to end....but how long can a market go up?
You're giving Wall Street way too much credit....their racket wouldn't pass Nevada Gaming Commission regulatory scrutiny.