SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (91632)11/27/2009 7:53:58 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
The market is overpriced given the state of the economy, imho,
but it is overliquified. So, extreme trading continues.
The volume is huge, most of it computer-driven. Overall,
excess liquidity and extreme trading volume will tend to
drive the market higher no matter what the underlying
fundamentals are doing. Liquidity is driving volatility
lower, and that, in turn, gets the market to go higher.
A crash requires volatility spike, which is virtually
impossible under such circumstances - the robots will
sell even a blip in volatility.

Which is why... my vote is not a bull, not a bear, but
a range. -g-