It appears from the late confirming signal from the Average TEV on four inversed ETF's that the large players were as confused as the rest of us !
[url]http://www.effectivevolume.com/_ss.php?pi=images/Market/ETF_SHORT_TEV_ST.gif[/url]
Trev
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It appears from the late confirming signal from the Average TEV on four inversed ETF's that the large players were as confused as the rest of us !
[url]http://www.effectivevolume.com/_ss.php?pi=images/Market/ETF_SHORT_TEV_ST.gif[/url]
Trev
[QUOTE=manucastle;15273]It appears from the late confirming signal from the Average TEV on four inversed ETF's that the large players were as confused as the rest of us !
[url]http://www.effectivevolume.com/_ss.php?pi=images/Market/ETF_SHORT_TEV_ST.gif[/url]
Trev[/QUOTE]
They might have been already fully hedged and actually at the beach, leaving the markets to politics/HFTs and lonely traders. We would need an external event to have forced selling on a scale that is wide enough for a bear market to restart. Maybe an interest rate spike due to European or US debt downgrades? Anyway, cash is moving to the "ultra safe" US$ denominated US treasuries. Not something we would expect before a debt downgrade.
Pascal