If you think that way, then I and no telling how many others do too. So, WHO is buying stocks?
Government pension investing.
So, WHO is buying stocks?
For many years I have suspected the PPT (Plunge Protection Team) run by the Treasury and I believe that seriously.
The average investor buys and sells during the day. Machines buy and sell at night. The next morning after the opening bell the average investor (if he knows anything) types the URL of his stock trading company with white knuckles anticipating what happened overnight. Even investors of color have white knuckles in the morning. While they were sleeping the machines were grinding. When the market opened in the morning they either lost a bunch or gained a bunch for they are totally at the mercy of the machines.
Another thing to notice is the market about closing time. If it’s been a bad day most of the day, suddenly the market surges in the last hours of trading. If it’s a really good day the market is either level or going down in the final hours of trading. Why? Only the PPT knows.
Stocks are not valued at their potential earnings or profits, they are bought upon pure speculators in a feeding frenzy that will in turn make many think they are “going to miss the train” if they don’t buy now. Consequently the stock shoots up and then does a Swan dive. Then the Shorts come in and clean up as the share value falls...and the cycle starts all over again.
It’s all “bait and switch, Smoke and mirrors” and only the insiders know the game plays to come.
We are in the worst financial situation since the Great Depression...maybe even far worse...since we can’t really get a true report on the economy due to politics and a complicit media. In any case buy tangible assets, not paper or promises. Prepare for the worst my FRiend.
The chineese are buying our dow...they also would like to nationalize some of the land they own here....in exchange for some of our debt.....of course there are a few minor snags the Obama admin is trying to work out..the constitution is an ongoing problem the 2A has got to go the chins wont make the deal with the population armed.....In the last 3 wks the chins have sworn to back thier currency with gold...and the ruskies are destributing gold ans silver coinage in exchange for their paper...the exchange is manditory....
oh well gltu