The big volatility of the market recently is only an illusion. The prices are not showing the true picture because the short sellers have been eliminated from the equation.
We are not trading in a real free market system. We are not seeing what you see is what you get (WYSIWYG). Until the short sellers return then you will see the true bottom.
Be careful when they do return (as restrictions are lifted).
The 777 point drop may have been the largest one day point drop but it was only #17 for total percentage points at 9%. The largest drop ever was 22%.
No comments:
Post a Comment