Are you still trading at 3:00 pm everyday in stock market?

Nov.06, 2008 in Investment Opinions

Today: Still have low volume. No one wants to trade at this price.

It is either way too high or way too low. Take a (tenative) guess. The volume was low 300 points ago, and yesterday too. And the whole way up, the week before that.

This is getting more comical by the day. They must really think the citizens of the US are gullible. The would have us believe that twice today, “investors” would rush into the market, causing a 100+ point spike each time, with less than two hours left to go, the day before the employment data is going to be released? Hilarious.

Just who would be “buying” with the DOW down 1,000 points in two days? And on top of that, who would invest in a single share with the employment report coming out tomorrow? Who would even hold equities overnight?

This so-called market would be down 600+ points by now if the FED hadn’t manufactured two intraday “recoveries” so far. How many more “rallies” will they manufacture today?

The buyers will just go away with a simple click in their computer in the last hour and makes the market fall sharply in a matter of seconds. Without any support, 3:00 pm is just getting scarer day after day, and It may be worse tomorrow.