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by fabian Friday, March 27, 2009 2:22:58 AM
Kudos on a great call. Ben is warming up the helicopters and loading them with QE2 for another round of his war on cash.
What strikes me as unusual is that we small retail traders are being told outright by the powers-that-be that the market is going to celebrate big over QE2. That's not usually how Da Boyz operate. We never get the inside scoop on an impending market move. Rather, we are kept in the dark until the move is almost over, and then, when the Da Boyz are ready to unload and reverse, they get us in at the top.
Back during the big run that started in March of '09, very few retail traders truly understood why the market was rallying. We were kept in the dark by the Da Boyz... as per the usual strategy.
So, I'm a little distrustful of all this "helpful guidance" by the likes of hedge fund guru David Tepper, coming out and assuring us retail traders that an up move in the market is virtually guaranteed.
That's the kind of thing that happens at tops....
What's your opinion?
