Dow Jones Industrial Average (DJI)

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RITIK 5 hours ago

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Gud news-No more ATH this month is expected-Downtrend is likely to start this month soon-

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Philip Seago 9 hours ago

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Famous investor Bill Gross was asked why stocks keep going higher. .Answer "I have absolutely no idea".Wow, when we have this from major investors, all commentators, media and forums, this really confirms what we knew already. .This rally was unjustified. Certainly from 20k to 22k I would say, utterly baseless. .Now the elites need to unwind these positions and somehow offload their asset inventory,, WITHOUT the support of retailers. When they realise they are on their own, its bank v bank !!.Some big players are going to take a big hit in the coming weeks and months.

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Philip Seago 9 hours ago

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Famous investor Bill Gross ( the bond king ) was asked why stocks keep going higher.  Answer : "I have absolutely no idea" When we have this, plus the same thoughts from all major commentators, forums, media, everywhere, it confirms what we have all known.  This rally was totally unjustified, certainly from 20k to 22k we can argue it was completely groundless.  Over the weeks and months I guess the hedge funds and big banks will have to seriously look at the damage the algos have done. Unwinding their portfolios and positions will be a messy process. Retailers will not be fooled by this nonsense and banks will stop working together on this one, as they realise they are own their own. Banks v Banks.  Some of them by the very nature of trading will have to be big losers.

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