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Strategies & Market Trends : The coming US dollar crisis

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To: John Vosilla who wrote (7060)5/7/2008 4:11:37 PM
From: LTK007  Read Replies (2) of 71454
 
This quote from WSJ yesterday<< <<People are wanting to speculate more on stocks than they were before," said Anthony Conroy, head trader at BNY ConvergEx Group, a New York brokerage. "But, really, it feels almost like a summer-doldrums type rally," with the type of thin volume usually seen when droves of money managers and their clients take off for vacation.

Since it's still a little early in the year for that to happen, Mr. Conroy and other experts instead received Tuesday's diminished activity as a signal that the most deep-pocketed market players have moved to the sidelines, leaving an opening for day traders and other smaller participants to gobble up shares.>>
That is a formula for a treacherous market, imo.Max
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