Seems to me banks have big clout and if banks are not allowed to trade customers money (it has been suggested by the powers that be in the US that they should not be allowed to trade the money for their own profit) then there may be big ructions. The market has been running hard in last year or so and shop owners I have been talking to say they are twiddling there thumbs as customers are few. Is there going to be jobless growth when so many are unemployed or jobless decline? Technical analysis is usually correct and today they said there could be downside. Usually as the week progresses things get worse, so I am betting on quite a bit of downside
Just another word of caution - Don't become the suckers buying all the stock currently up for grabs. Somehow I don't think the smart money is doing too much buying at the moment. Risk is still to the downside and this little rally (1-5 days) could be nothing more than a bounce before we tumble again.
Folks, it appears that the bulls have crashed the bears picnic . . But wait . . . some strange extinct equine has galloped in to the fray. There's a pause . . . while the bulls consider mating with it, the bears wonder what its bacon tastes like . . . can't we all get along . . .
HG, it seems I might recommend an alternative career for you to investig fulltime. Writing short stories, maybe about your experiences here on OST and other useless tidbits for aspiring traders ;-) You make little sense what-so-ever so even a Dr Seuss (in this case Dr HatesGauteng and other such places) style of confusious'isms....;-)