what's the difference.... in the long term the more you shake the better price you get. say when you retire many years from now qqq will be $1000, what difference does it make how much they price today... it's gonna be a 5-bagger minimum.... the more they shake the better.
https://finance.yahoo.com/chart/QQQ...ldFNwYW4iOnt9fV0sImN1c3RvbVJhbmdlIjpudWxsfQ== compare 9-10/2008 to 2-3/2020. volume is WAY DOWN.... public participation is very low... even on absolute dollar basis 2/20 is still smaller than 9/08, but today the market cap and the entire money supply is so much bigger. shows you that there are much lower chip count in the dumb money's hands... this shake and scoop operation is them boys collecting as much as possible for the next leg up! them boyz aint gonna crash it when they hold all the chips..... so the logic is clear, the goal is much much higher.
%% OK Recheck your SPY + SDOW charts...... , volume is nicely above 50 day av...….....................................................................….Thanks
I think options market makers must be making a killing. Reddit filled with people asking how to open options account. Then theirs also lots of post about how come price went down but my put lost money. Market makers could sell them almost anything.
oh above 50 day ma of course, with such strong emotions in the market now.. point was 'public participation'