Thursday, July 31, 2008

HUGE VOLATILITY SHOWS THIN MARKETS...OR "GROUP THINK!"

THIS KIND OF VOLATILITY IN OIL AND THE DOW...CAN NOT BE HEALTHY...

IT SHOWS EITHER THIN MARKETS...OR MARKETS THAT ARE DOMINATED BY "GROUP THINK" AMONG A FEW VERY LARGE PLAYERS...

IT'S A DAY TRADERS DREAM...AND MY HUNCH IS THAT THIS IS ALL THERE IS... IT'S DEGENERATED DOWN TO A DAY TRADE SCHEME FOR THE MONEY RUNNERS...

THIS IS NOT A MARKET ....BASED ON ECONOMICS....IT'S A ROULETTE WHEEL....