tag:blogger.com,1999:blog-7851668483896487530.post653827865525433632..comments2010-03-04T05:14:16.341-08:00Comments on SAILING MARKETS: US Financial Index and US Real State IndexMaximilianohttp://www.blogger.com/profile/07111397267417837971noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7851668483896487530.post-49932905684259884962009-08-12T05:09:48.090-07:002009-08-12T05:09:48.090-07:00Patacon, I am in the same side of the market as yo...Patacon, I am in the same side of the market as you at the moment... it is difficult to find a driver in order to trigger a sell-off from this levels. No more Lehmans o Wamu's in the horizon....I am bull in the intermediate term too....may be valuations could justify the bearish short term trend...Maximilianohttps://www.blogger.com/profile/07111397267417837971noreply@blogger.comtag:blogger.com,1999:blog-7851668483896487530.post-48579784949319941122009-08-12T01:52:47.705-07:002009-08-12T01:52:47.705-07:00Maximialino,
I agree, although we might be starti...Maximialino, <br />I agree, although we might be starting a bearish short term trend I believe the main trend IS bullish and we are far away of making new lows this year.. IMHO.Pataconhttps://www.blogger.com/profile/16502942263914131443noreply@blogger.comtag:blogger.com,1999:blog-7851668483896487530.post-54128861639600855242009-08-11T20:17:56.974-07:002009-08-11T20:17:56.974-07:00Good point! Yes, may be this is the biggest short ...Good point! Yes, may be this is the biggest short squeeze in the last years. I will look in detail the BAC and C charts of the last 2 weeks. <br />Thanks Ticker!Maximilianohttps://www.blogger.com/profile/07111397267417837971noreply@blogger.comtag:blogger.com,1999:blog-7851668483896487530.post-55131017692758746872009-08-11T19:40:24.294-07:002009-08-11T19:40:24.294-07:00On those 2 days of maniac BAC and C buying, both t...On those 2 days of maniac BAC and C buying, both these stocks formed 25% of the NYSE volume. The stupid Fed was "rebalancing" the stocks which was the reason for this volume. In short, the Fed was buying these stocks causing massive short squeeze.Anonymousnoreply@blogger.com