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    • Sun Oct 5th 09:53 AM | Rating: 0 0
      Commented on:
      Ongoing Market Sell-Off: It's Not The Short Sellers
      The fact that the Dow fell was easy to predict, it didn't have a choice.

      People often rattle words like news being priced in or discounted, however, the simple truth is markets are nothing more than supply vs. demand. For the market to move upwards, there simply has to be more buyers than sellers. Sounds simple right, it is, so let's think about Friday and it should be clear why the market had to fall and fall hard.

      Everyone I spoke to was waiting for this bill to pass in order to sell their holdings. The whole world expected a rally, but everyone was waiting for this rally in order to lighten up, to sell...............

      Why, this is simple also....... For the first time in my trading life (over 20 years) all the media as well as the two presidential candidates have been hammering into everyones head the severity of this financial crisis. They have likened it to the great depression, the Titanic and so forth, now, add this fact to a year where most people have watched their portfolios, 401k's, and mutual funds losing value on a monthly basis and you have a simple recepie, people want out of stocks period.

      Why did Friday have to fall, again people wanted out, they were waiting in mass for this rally in order to sell and once the selling started, who would come in to catch this falling knife? The market had to fall right in to the close, again, who would buy? The market will be there another day, so why buy in now? This is a time to be in cash, money markets, T-bills, whatever, anything but stocks.

      The market will no doubt come up again, but first there must be a consolidation at the lows and clearly we haven't reached that point just yet. In fact, we're not even close.

      What's interesting is when the market rises, it will rise quickly and for the same reason as this current fall. Supply vs. Demand. When the news changes a bit and the crisis on Wall Street is not the headline story every hour of every day, people will begin to buy stocks again. The rise will be fast and furious because prices will be very depressed and once the buyers arrive and purchase Diamonds or Spyders at expremely discounted prices, who will be in such a rush to sell them? The market will move up hundreds of points and those who bought at or near the bottom will simply hold on for the ride.

      Its all about supply vs demand, that really the point of my article.....

      Hope this is useful to someone.
      View article »
    • Sun Oct 5th 09:45 AM | Rating: 0 0
      Commented on:
      Signed Rescue Bill Hasn't Stopped the Market's Downward Trend
      The fact that the Dow fell was easy to predict, it didn't have a choice.

      People often rattle words like news being priced in or discounted, however, the simple truth is markets are nothing more than supply vs. demand. For the market to move upwards, there simply has to be more buyers than sellers. Sounds simple right, it is, so let's think about Friday and it should be clear why the market had to fall and fall hard.

      Everyone I spoke to was waiting for this bill to pass in order to sell their holdings. The whole world expected a rally, but everyone was waiting for this rally in order to lighten up, to sell...............

      Why, this is simple also....... For the first time in my trading life (over 20 years) all the media as well as the two presidential candidates have been hammering into everyones head the severity of this financial crisis. They have likened it to the great depression, the Titanic and so forth, now, add this fact to a year where most people have watched their portfolios, 401k's, and mutual funds losing value on a monthly basis and you have a simple recepie, people want out of stocks period.

      Why did Friday have to fall, again people wanted out, they were waiting in mass for this rally in order to sell and once the selling started, who would come in to catch this falling knife? The market had to fall right in to the close, again, who would buy? The market will be there another day, so why buy in now? This is a time to be in cash, money markets, T-bills, whatever, anything but stocks.

      The market will no doubt come up again, but first there must be a consolidation at the lows and clearly we haven't reached that point just yet. In fact, we're not even close.

      What's interesting is when the market rises, it will rise quickly and for the same reason as this current fall. Supply vs. Demand. When the news changes a bit and the crisis on Wall Street is not the headline story every hour of every day, people will begin to buy stocks again. The rise will be fast and furious because prices will be very depressed and once the buyers arrive and purchase Diamonds or Spyders at expremely discounted prices, who will be in such a rush to sell them? The market will move up hundreds of points and those who bought at or near the bottom will simply hold on for the ride.

      Its all about supply vs demand, that really the point of my article.....

      Hope this is useful to someone.

      View article »
    • Sun Oct 5th 09:10 AM | Rating: 0 0
      Commented on:
      U.S. Dollar Hits a 13-Month High
      I don't llike to be crittical, but I opened this article expecting to read something, maybe a bit of commentary, some thoughts, something!

      You didn't write anything of use at all. Everyone knows the dollar hit a high, and isn't the point of being able to write articles on seeking alpha to give some insight, to write an article.

      If all I have to do is mention to dow numbers at the end of the day, I would love to have my picture and resume posted on Seeking Alpha for the world to see.

      In fact, I have quite a bit to say about the markets and I'm quite often correct, my analysis is sharp, and my predictions seem to come true about 90% of the time if not higher.

      How can I publish here?

      View article »
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