equity markets are not foward looking, they are sentiment based. the big insto's are clutching to sell as much as they can asap because they do KNOW that the US by printing all the extra billions and billions will cause inflation, it didn't work in zimbabwe, it didn't work in germany, why is it going it going to work in america ?
if the markets are so foward looking, then the big, big players in the market surely would've seen, because they were the ones who essentially caused this, that the credit market was due to collapse and the stock exchange followed.
everyone in this game are just sheep, you see it on hotcopper all the time
market goes down = doomsayers appear
market goes up = its all ok now guys!! relax!
today it goes up, look at the threads that are being posted, everyone is optomistic, it must be the bottem eh? time to buy!
equity markets are not foward looking, they are sentiment based....
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26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
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