more buyers than sellers. You can pick a news event every day as to why YOU think the mkt is up or down but the bottom line is supply and demand. You think a portfolio manager buying and selling blocks makes his/her decision on TODAYS NEWS? If you do your clueless....
If we already know this, then why start a thread entitled, "Up 200 On A Grand Jury Indictment - Only in America" ??? You are stating something that is obvious. And then you criticize someone that posts the exact same thing. Yet another insightful and valuable THEAD started by the resident village idiot . . . You must really enjoy talking to yourself. As a moderator suggested several weeks ago, perhaps you should start a JOURNAL rather than clog up the Trading Forum with all of your worthless running "commentary" on the market.
supply / demand ..?...it comes down to math .. day traders buy/sell/short as a result of their perception.. an example is today...mrvl..drops 3dollars then rallies 3plus to close at a new high for the day... did the value of the stock really change..? ..the funds just took out all the little guys...math...and they do take advantage of news...although it is acknowledged that the brokers have orders to buy / sell today 1million of x... portfolio managers are long term..18months -3yrs.. block traders ..100k shares is not really that big.. the market markers create the liquidity...even from themselves...to create the sceanario of supply and demand of a perceived stock value/price. News does make a difference..todays news ? squawk box etc say..market discounted the news...always an excuse / explanation... I can tell you that when Bush fired two officals in Dec 3years ago...He caused the usd/euro to drop ....big time.... w