|
|
本帖最后由 maserati 于 2009-4-28 15:53 编辑
OK, I agree 100% that TA wise, there are so many overbought signals (I have lost counts of how many negative divergences on Cobra's charts ). But here is another fact you need to check out: big institutions' tradings are dominating market activities recently. While overall market trading volume has been decreasing, program trading has been increasing and accounts for 33% of all NYSE daily volume, and Goldman sucks runs 30% of those trades. That means Goldman sucks is running about one out of every ten trades on the NYSE. On top of that, Goldman Sucks counts about 50% of dark pool trading which has roughly 10% of all shares traded in the US cash equities market. All together, GS controls an astonishing 15% of total trading volume. One more piece of evidence: Institutional Net Buying has been ABSOLUTELY beyond historic levels during the rally, which you can see it on Cobra's insitution buying and selling trending chart. The net buying has been decreasing somewhat recently but still above 2000 level, which means institutions are still in the stage of accumulation.
So what am I trying to say? My point is when you have big institutions especially like GS playing such a monopoly role in a illquid market with government on their side, many techinical indicators are not gonna function well since they mean to work under normal market conditions and the direction they are pointing at is the market trend. This is not a health market but at the end of the day, you still have to listen to it, at least in the short run. |
|
狗仔卡
发表于 2009-4-28 03:51 PM
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
发表于 2009-4-28 03:54 PM
发表于 2009-4-29 12:52 AM