Just a few comments:
It seems to me as I have been observing the market and how it has been operating that declines (or negative ticks) are being acheived so much easier than the upticks or advances.
It seems that every up tick is tough to acheive and it gets erased so easily. And the down ticks come fast and easy, like today, the bond closes and we slide into the lows of the day, negating the entire days gains yesterday.
In the past the reverse has been the case, the market would not go lower, it was a strain to close negative.
Lastly, watching the buy/sell programs, today I dont think any ought to have been triggered from the interaction of PREM/FV (looking at CAMP's site) And this wasnt a hurried decline today, it seemed like sellers, not a program brought the market down.
And what was the reasoning? I didnt see any other than just bearish trading..
It also seems that the market is finding reasons to be selling. Russia having economic problems isnt somthing that ought to really concern us, as it is in the news every day. When we were regaining lost ground after the last mini correction, there was Asia news, but it was shrugged off, now it is an excuse.. Its like a game..
FWIW |
