Mohacsy's Safe Portfolio Member Forum

[elena_murooni]

Yeah but...

Mar 17th & Apr 17 (or was it 18th?) had those '90 outside days' (massive volume, massive market participation, good, solid advance). At the time, it was the two best days of this year. Those gains were probably what "those you advise" KNEW were coming... and KNEW that the party would begin to unwind after April 17th. I bet they were "all antenae's" after April 17th (and so was I, for reasons below).

Just for refreshers, let's re-read Eric's March 23rd Post #23257. Keep in mind that the upcoming Apr 17th was about to give us the strongest day of the year...


So……. Eric…. You must understand that the bulk of the 2006 liquidity is injecting itself as I type. I believe that the bulk of it (possibly 75%) is already deposited…. It’s just being put to work.

You need to look back over the years & see what transpires via liquidity from say Feb 20 to Apr 20. It has always been a time that the markets are bathing in liquidity. The liquidity dries up, but the euphoria in traders continues (therefore, they help keep the market boosted sometimes). Then again, if earnings come out thereafter--- and they are ‘good earnings’--- then THAT euphoria carries the market a tad farther.