Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Despite the worrisome decline in the stock market over recent weeks to near-correction levels,...

  • Monday, June 4, 2012, 8:08 PM ET
    Despite the worrisome decline in the stock market over recent weeks to near-correction levels, the selling has lacked one key ingredient - panic. Although an orderly selloff is generally looked upon as a sign of a healthy market where investors are merely cashing in profits, without any signs of real capitulation the risk to the markets at present is just a continuing grind lower and lower.
Track new comments on this story

This news story has 10 comments:

  •  
    I am more than willing to bring panic to the table. If panic can reverse this slide, then I vote for panic.

    Where is Jon Corzine?
    4 Jun 2012, 08:17 PM Reply Like
  •  
    in the old days markets corrected; now, if they fall, something is wrong in central planning
    4 Jun 2012, 08:25 PM Reply Like
  •  
    I agree Montana. Why don't we just hand over all aspects of the economy to Obama? One more big Lehman-style meltdown, and I truly believe that the economy will be handed over to him for central planning purposes, with little objections. The media will defend it by stating that 'it's better than the alternative.'
    4 Jun 2012, 08:28 PM Reply Like
  •  
    As soon as there is a plan, markets will melt up. If not we will grind a while. But this week will show and the Greek elections.

    Obama has nothing to do with this. Didn't you just write something stupid with respect to Spain mattyw? S&P 600?
    4 Jun 2012, 08:44 PM Reply Like
  •  
    Slow gnawing grinds lower can be just as annoying as slow gnawing grinds higher. But these scenarios must be considered...
    4 Jun 2012, 08:48 PM Reply Like
  •  
    After the big sell off on Friday and sobering news over the
    weekend if had been moving toward panic mode today would
    have been the next step. The market should have been
    weak all day to set up the big crush for tomorrow.
    It didn't happen, so we have a ways to go.
    We should expect some aggressive moves out of Europe soon.
    That should set up a short term rally.
    The market is very concerned about next months earnings.
    There is no public money out there to sustain a real rally.
    AND...there it is.
    4 Jun 2012, 08:48 PM Reply Like
  •  
    Why panic? I sold everything two months ago. Nothing to worry about.
    4 Jun 2012, 09:25 PM Reply Like
  •  
    Obama and the Dems will not let it fall. Guaranteed. The markets always go up on a Dems watch. Money in the bank.
    4 Jun 2012, 10:51 PM Reply Like
  •  
    Truffelpig, haha, you're too funny with your inability to comprehend what's actually going on.
    5 Jun 2012, 12:59 AM Reply Like
  •  
    If there is no panic, then the article means to say that it is logical and makes sense? Does that mean that the market was (and maybe still is) overpriced? Looking at the FB IPO, it does seem that there was no panic but just the opposite - irrational exuberance.
    5 Jun 2012, 04:11 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Macro Articles
More Latest Articles »