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Teacherman1 (< 20)

June 2017

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Nothing for the Gleaners

June 27, 2017 – Comments (0) | RELATED TICKERS: AXAS , HBAN , SAN

There has been a lot of talk lately about whether or not we are due for a Market Crash, and whether or not one should hold a significant cash position in anticipation of this happening.

I am of the opinion rather that the up and down movement in the price of stocks is based more on the historical annual cycle where the 3 or 4 month period from May to October is usually a period when little of real significance affecting share prices occurs. And it is a time when most of the "gleaning" from the tops and bottoms of price swings is what is taking place.

This used to be a time when the "Pros" were mostly out of the Market and the "little guys" were responsible for most of the movement in share price swings.

Of course a "Black Swan" event can change that significantly and rapidly.

However, having said that, I am noticing (at least I think I am), a change in who the "gleaners" are.

It now appears to be Hedge funds and other fund managers who are doing this. They seem to be using things like ETFs, "mob rotation", currency fluctuations, HFTs, etc. to jump in ahead, or misdirect the individual investors and "snatching" the "gleanings" out of investors hands, just before they are able to grasp the small crumbs that used to be left over for those trying to scrape out a small share of the bounty.

This is just one opinion, and has no more validity than any other, but since I am not charging for it, I feel I have the right to express it.

I welcome any comments, pro or con, that anyone might want to offer, so feel free to share your own opinion if you wish.

For those who may not be familiar with the term "gleaning", this is a Biblical concept that those who are fortunate enough to own fields, were to leave a few grains on the stalks at the time of harvest, so that the very poor, (mostly widows and orphans) could then go behind them and manage to get enough to keep from starving to death.

Have a pleasant day and good luck with those attempting to do a little "gleaning" for themselves during this period of irrational, up and down market swings  [more]

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