When it's partytime no body wants/believes a doomsday rant..
It's been a long party (8 years and still counting) and now everyone's drunk and lost their sense of reality...
You don't believe me....."Everyone" (as a collective) drives Markets, so therefore one would expect sometime during each day their would be differing sentiment which would create a little bit of volatility...Notice this last 12 months, many candlesticks are starting to look like horizontal lines..very unusual!!!.
Look at the VIX... many commentators in the past said that in theory the VIX can go well below 10 but in practice it can only go very briefly below 10 and that would be a very rare occurrence..all to do they say with the diverse number of buyers/sellers all having differing opinions and sentiments on the day..
Hmmmmmm and all this is happening with a geriatric bull that in theory should be "balls up" by now...
OK so what's happened?????....
I don't know but in searching I have found some scary stuff....(We) everyone is in unison and there's hardly any volatile movements.. In theory that means everyone is acting together..In Chaos Theory...that's a system which is in total harmony (the extreme opposite to Chaos)..In theory this behaviour is possible but in practice within a free market environment it is very rare ...unless....my thoughts only...that the dominant players at this certain period of time are very large agents for a variety of similar collectives acting responsible (so not to overheat the market) but having a huge amount of "available money" to spend somewhere..eg passive fund managers (both human and AI)...I could be and hope that I'm wrong..
I don't post much here any more and tend to rant and rave on other media much to the displeasure of others...There's nothing worse than a gloomy paranoid pessimistic bastard raving on during the height of an once in a 10 year party/boom time event destroying everyone's nice moments...I must admit this ranting behaviour does give you bad reputations and so we don't see much of this gloomy stuff in the mainstream during partytimes for obvious reasons..
Below is my latest facebook gloomy rant...enjoy or cringe, your choice:D....
oh!! by the way, I'm 93% invested in the market..7% cash (NZ$)...
http://i458.photobucket.com/albums/q...s%20..rant.png
not taking your own advice??
Quote:
Originally Posted by
Hoop
It's been a long party (8 years and still counting) and now everyone's drunk and lost their sense of reality...
oh!! by the way, I'm 93% invested in the market..7% cash (NZ$)...
93% in??? wow, that is real bullish.:eek2: