Totally Disconnected: US Government Risk, Ratings, Bonds and Equities [View article]
Forget about the fundamentals. Technicals now rule!
People should short the SP500 until the government (the SEC) realizes that the market is structurally unsound. The allowance of naked short sales and the repeal of the uptick rule have sealed the fate of the stock market fourteen months ago.
Totally Disconnected: US Government Risk, Ratings, Bonds and Equities [View article]
People should short the SP500 until the government (the SEC) realizes that the market is structurally unsound. The allowance of naked short sales and the repeal of the uptick rule have sealed the fate of the stock market fourteen months ago.