Wednesday, March 14, 2007

Too Much Money with Beefers

Well, I suppose I have to repeat that recent events again prove that too much money is run by beefers. They flood liquidity into markets & pull it out. QED. :-( ;-)

5 comments:

mern said...

ive noticed over the years (over the extreme short term) that when bears like me r so horny we watch asian squawk till 1am and B had a undercut low from last week, the beefers will tend to buy em through expiration

mern said...

LOL cnbc ernie hudson has no idea what he is doing, applying long term macro bs to a 9 week contest. terrible

Bud said...

Huh? Too much money? What does that mean? Today was a regular day in an efficient market where sellers were dominant in the morning and when they were done buyers took over. Very simple Bunkerman. No need for any theories or conspiracies.

Bunkerman said...

Uh, Bud, I think your assumption that the sellers and buyers are different is flawed. The real sellers & buyers are the minority, overwhelmed by beefer trading funds pushing the market around. It's possible some real buyers came in at the lows & caused the beefer shorts to cover & bring the market back up. That's about it, though.

Bunkerman said...

I'm a little concerned about you, Bud. You seem to have an unnatural "faith" in the "efficient market" without thinking about the forces behind the moves. The markets are the feeding ground for many nefarious beasts who prey on the unwary. Or, another way of looking at it, the market is full of elephants who stomp around the waterhole, crushing the unwary. ;-)