
Greetings! SO 1150 here we are just about here what is next?
It has been a long time since i last posted, i hope everyone is doing well.. I am still in aw what seems is a massive market wide short squeeze.. the buying wont stop.. Here is a quick thesis of mine...
Basic economics 101 tells us it is possible with enough capital and knowledge of the market to cause distortion in perceived real "demand" thereby cornering a market artificially driving the price higher. Or for those who did sit through Dr. Self's Econ 101; "to purchase enough of a particular stock, commodity, or other asset to allow the price to be manipulated", much like crude traders the past year(s). Could this be what is happening to our markets on a huge scale? Perhaps the "true demand" or market price(s) remains drastically lower? If this is the case what will happen when the manipulator is outed, or exits the market? Am i saying this is happening, no but I do believe anything is possible if enough parties are "in the know". The most logical explanation: the buying could just be systematic "price discovery" programs pushing us up to resistance levels looking to see if the buying will follow. Only time will tell?
Thoughts?
BTW i made some updates to my blog new looks, if anyone is interested.
http://www.hedgeaccording.ly