Tuesday, July 13, 2010

The Bipolar Market in One Chart

TweetThis
Perhaps better than the words I constantly use, the bipolar action of late is best represented by this chart below.  5 weeks ago everything was fine, 3 weeks ago the world was ending, now everything is fine again.

"Risk on, risk off"
"Student body left, student body right"
"Lemmings jump off the cliff, lemmings run in glee through forest of green"

I guess a generation raised on Ritalin which grew up on video games and bathed in instant gratification but with an attention span of the average 2nd grader, has now created the perfect market... for themselves at least.

[click to enlarge]



Below, a conversation overheard with one institutional desk trader (unfortunately the conversation was with himself)

"I want risk on!"
"No, I don't!"
"Yes I do!"
"I can't take the risk!"
"I'm all in!"
"Get me into cash now!"
"I need long exposure, immediately!"

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012 FundMyMutualFund.com