Wednesday, September 30, 2009

A Modest Prediction

The next week and month will be a good time for a downward slide in "the stock markets" to begin, if it will in the very short term future. This quarter has been a good one for traders and fund managers. The end-of-quarter is upon us, however, and they may not be able to trade the "what else should I do with it?" money* as well as they have been doing, for much longer. . . seeing we're still looking at an increasingly-obvious "dead-cat bounce."

*This is the money they have to have invested in something or else they won't make commissions on it as part of their portfolio. This money buying stocks, bonds, and equities has softened the blow that would have been dealt to our economy by people managing their own money directly.

No comments: