Todays Rally..

[khangro]

Can anyone explain todays rally fundamentally or technically? Seems like this Bull market is an insiders joke. Almost have to laugh at scalping on the dips because they cant stop buying.. good news or bad.

 

[kalott]

Maybe the big boys want to sell into strength after 4 years rally and 100 percent or more?

If they can convince average joe to buy into a new bullmarket they can sell without any big drop in price

 

[khangro]

even the average joe had enough common sense not to trust this rally month ago.

 

[malaguti]

even the average joe had enough common sense not to trust this rally month ago.

then average joe missed out then...doh

 

[khangro]

then average joe missed out then...doh

Guess we'll find out in the next few weeks

 

[barjon]

all the last minute isa money to place and an attractive end to the quarter end to boost the performance stats. it'll all go quiet soon unless dow keeps yanking its chain

 

[carlosd]

Can anyone explain todays rally fundamentally or technically? Seems like this Bull market is an insiders joke. Almost have to laugh at scalping on the dips because they cant stop buying.. good news or bad.

I don't see why its a joke.
The technical explanation, higher highs higher lows, the trend is up.
Thats all there is to it.

:cheesy:

 

[rawrschach]

The original bull market post 2000 was financed by private sector debt. The current one is financed by public sector debt. Given that govts have printing presses and a much larger capacity for and worse understanding of debt this one is likely to be much bigger than the last.