Marty Chenard from Stocktiming.com has been saying for weeks that the liquidity coming into the market was not coming from the institutional investors. A quote from his update last night;
"As one Institutional Investor commented: "Since the inflowing liquidity is not our money, we do not know when it will end. The only thing we can do is to stay with a long position philosophy and hedge our positions.""
You have to wonder what THEY are up to. Would their intentions be good? I doubt it.
mongo's - tranny trouble - thursday, page-14
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,953.2 | 8,092.3 | 7,952.8 |
| XJO (ASX) Chart |