Comments on: Today's Market Decline https://clucerf-archive.callutheran.edu/2010/05/20/todays-market-decline/ Wed, 28 Jul 2010 19:43:38 +0000 hourly 1 http://wordpress.org/?v=4.1 By: Bill Watkins https://clucerf-archive.callutheran.edu/2010/05/20/todays-market-decline/#comment-400 Fri, 21 May 2010 14:15:43 +0000 http://www.clucerf.org/blog/?p=471#comment-400 Hard to believe the bill is that bad.

]]> By: Effective Demand https://clucerf-archive.callutheran.edu/2010/05/20/todays-market-decline/#comment-399 Fri, 21 May 2010 01:55:09 +0000 http://www.clucerf.org/blog/?p=471#comment-399 I think the market decline explanation doesn’t have much to do with Greece or the employment data. It’s just the financial bill as it has taken final shape and become clearer it will pass. Since institutions will have to deleverage and make less profits the market is reflecting that reality. People are trying to blame it on the various news of the day but the market movers have large positions that they get into and unwind over periods of time. From what little I know of the markets the volume changed to one of accumulation to distributive (big players selling but small players still buying) a couple of weeks ago and now it appears to be everyone selling (small players have joined in).

I think everything make sense when viewed in the timeline of the financial regulation bill details becoming clearer as to what passes and what doesnt and how that affects the financial sector in particular.

Personally, I like the market going down, lets me buy good companies even cheaper. I only want the market to go up when I retire.

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