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Market guru - well yes its quite challenging to read the market flow. U c after the FOMC mtg last Tues, everyone expected markets to go down, not so, they rallied bigtime, so all the peoples in the know wud sell into this rally and short it. Now Abbey comes out with these negative comments to drive the markets down so as the people in the know maximize their shorts. Also a few others join in, start yappin up .50 % int rate hikes to fuel the downside bit more. Basically, they want this downturn to go as far as possible so as to give lower entries here just before the good earnings start coming out. Markies should rally into these good earnings, then fade about halfway thru, as we come closer to the next FOMC mtg. I've watched several of Abbeys announcements and they appear to manage the market, she already has her clients in a cash position, I betcha. What she wants is others to dump about the 5% she suggested, and thats just enough to bring the markets down so she can direct her clients back in before the next runup. So hows that for analysis, lol. We c..... |
