Wednesday, September 16, 2009

More Fuel For The Fire

Any reason why the market keeps ramping up day after day?
Where is the liquidity coming from? Because the volume is just not there to support it.

I posted earlier about the FRBNY's use of institutionalized manipulation.

tradersutra.blogspot.com/2009/09/institutionalized-manipulation.html

Yesterdays treat was $2Billion. Today's treat is $1.8Billion.

Where do you think this money is going?

Remember markets go up only because of liquidity. Its not earnings, sentiment, PE Ratios, and analyst upgrades, those are all derivatives of liquidity.

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