Replies to post #24481 on Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Paul A...

Why is it any more suspicious than the previous rally which was also on thin volume? When looking at today's volume, remember that it was in effect a half-day.

To answer your question, no, I do not think it was a set up for a ramp to higher territory, but with the market you never know for sure.

mlsoft

[brainlessone]

ok the trin was not high, the vix was not high, the put call not outrageous. so why did everybody sell?

is it precisely because the big traders were not in?

I mean the only guys operating were the internet types and the lackeys left in the office.

I agree with paul maybe its all a big set up.

on the other hand I do not know why things went up in the first place.

federal reserves may have the answer: no push of money in and some big repos today and tomorrow.

if the funds have no liquidity and everybody is expecting a fed lowering which does not happen and bonds have turned and a commodity like food inflation happens and mortgages go up

it means short everything. but here is already a huge short interest............

on the other hand, the world looks pretty good outside, the grass is green, I can fly anywhere I want for about 300 dollars
and a lot of really neat stuff is coming out of the labs to spark a new tech rally. remember that the internet has compressed time and exaggerated social emotions/group instincts so everything is more turbulent because it happens faster