RE: Market watch articleI really think the market now is dominated by the big money speculators. The so called reasons for any swing are "canned" reasons. Greece is dusted off every two weeks or so to drive the market down to create market fluctuations, without which the market makers don't make money. They can't make anything if the market is stagnant, right?
Call me a conspirator theorist if you like but the facts are too obvious to overlook. Damn the fundamentals, who gives a sh__ about them. Let's create the selling swings (like starting a wave in a baseball game) and idiots will follow and try to explained that by either - Greece default, U.S. recession (which they are already in one but one is brave enough to come out and admit as such), China slowdown or any of the recycled tiresome answers.
I'm reading all these crap everyday and it's getting so boring. What happen to cry wolf three time s and nobody will come? Gee.
Now that I have sounded off and I feel better already. By the way, the expected market upswing today is called "Greece rescue, Euro zone capital injection - version 51".
Untill the next Greece crisis or U.S. recession talk then. The same crap will be recyled.