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nuf2bdangrus (< 20)

Mysterious buys into the close

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11

June 10, 2009 – Comments (6)

After 3:30

 

they buy every dip

 

The great war is on.  Pump liquidity into the system

beat the bears

 

make the idiot feel he's rich so he can spend $

 

So far it works....until it doesn't

 

But it makes me nervous

 

Too afraid to be naked long....that's where my losses came last year when i gave up up being short...3 times

 

Leadership is VERY narrow

 

A sign of fatigue?

6 Comments – Post Your Own

#1) On June 10, 2009 at 4:42 PM, camistocks (< 20) wrote:

Leadership is narrow? I don't see that.

Those who buy (or sell!) after 3:30 are the mutual funds who need to invest the money that people are giving them during the day...

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#2) On June 10, 2009 at 8:32 PM, ralphmachio (24.64) wrote:

It's just becoming very obvious, where before, it was non-existent.  Maybe it's mutual funds.  Who knows?  

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#3) On June 10, 2009 at 8:36 PM, BuildingWings (< 20) wrote:

It's clearly the funds who are buying at 3:30 every day. Think back to their harsh sell-offs last October,etc. Now they are doing the opposite.

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#4) On June 10, 2009 at 8:40 PM, ChannelDunlap (< 20) wrote:

I was almost kind of with you guys with the huge spikes we saw on Monday, but this is taking it a bit too far, imho.  It seems like fairly regular trading to me.  I mean, by definition, every dip ends with a buy, doesn't it?

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#5) On June 10, 2009 at 10:04 PM, StopLaughing (< 20) wrote:

Money is flowing into both the mutual funds and the hedge funds. Where else is it going to go?

Into Bonds? Thats a guaranteed loss if interest rates rise much at all (ditto for mortgages) and we are near interest rate lows.

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#6) On June 11, 2009 at 9:04 AM, ChrisGraley (31.45) wrote:

TAGS for this post should be...

GS, JPM, PPT,

PPT=Plunge Protection team

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