Originally Posted by
arc
Looking at the figures on this one... does not make sense, to my untrained eye.
We all know everyone was aware of the impending USA election (AIA sell down started end of October / beginning September) seemed to follow the normal sell down patterns. Wednesday 9th took a tumble like everything else High $6.78 to a Low of $6.41 in the afternoon panic session. Thursday opening with a brief recovery to $6.68, followed by immediate sell down recommencing.
You would think that people would be pleased with the recovery and hold back, hoping for a stable trend to emerge. That apparently is not the case. The only way to maintain this continual downward pressure is with extensive holdings at your command.
I find it curious that AIA and AIR are/have both trended down (acknowledging the time frames between both events commencing) , beneath substantial pressure.
So here's the question. Are the Instos seriously expecting a BEAR market... very very soon.