Posted by treid4dou on 10th of Sep 2008 at 12:40 am
The mkt is currently moving more on real low liquidity issues,
high insolvency risks, no credit, and huge losses. So sentiment, in
which i strongly believe, may be still optimistic......i found the
vix still very low.....so not real fear out there......
Posted by pepperwu on 10th of Sep 2008 at 05:19 am
The hypothesis is that non-US markets may start ignoring what is
hapenning in the US (and also the UK) and start moving ahead.
If that happens then any further moves down in the US would
arguably be tempered.
In the US, the selloffs so far have been extreme in financials,
its arguable that the retail investors are gone from the
market. Really, short of a crash, are we not going to see a
tempered downward path. Who is left to sell up? As an example
Merrills is trading at $24 rather than $90. How much further
do you want shares like this to go? Are they worth nothing?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
The mkt is currently moving
Posted by treid4dou on 10th of Sep 2008 at 12:40 am
The mkt is currently moving more on real low liquidity issues, high insolvency risks, no credit, and huge losses. So sentiment, in which i strongly believe, may be still optimistic......i found the vix still very low.....so not real fear out there......
The hypothesis is that non-US
Posted by pepperwu on 10th of Sep 2008 at 05:19 am
The hypothesis is that non-US markets may start ignoring what is hapenning in the US (and also the UK) and start moving ahead. If that happens then any further moves down in the US would arguably be tempered.
In the US, the selloffs so far have been extreme in financials, its arguable that the retail investors are gone from the market. Really, short of a crash, are we not going to see a tempered downward path. Who is left to sell up? As an example Merrills is trading at $24 rather than $90. How much further do you want shares like this to go? Are they worth nothing?