Imho,
this tumble is being engineered to occur
the big money did not enter in March 09 and felt it has missed out on the gains the quicker small money made
so the big money sold into the 2010 peaks and is shorting now
creating the opportunity they wanted some of once production levels were value marked after GFC 09
FTSE and DAX both high so have to tumble faster to catch the momentum, domino theory occurs.
this fall is timed to coincide with general market May period apathy, a few negative announcements, China, Greece, others and it's off.
its all in the timing, although it has a negative side effect of reducing market confidence which really doesn't phase long term big money. emphasis on long term.
p/e ratios etc will increase in favour as tools of choice
the retail investors pushed the prices up near where they thought they should be, emphasis on thought, or lack of it lol.
ifandwhen
love this thread, and XJO section of HC always
9L, Vault, Tott, the guy who's nick I always forget, Robbbbbbb, BD you naughty boy, and many more...
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