Alex Filonov Blog | Market Is Down. Now What? | Talkmarkets - Page 2
Principal Performance Engineer

I was born in USSR. After graduation from college worked full-time as an IT specialist. Moved to US in 1996 and started investing in 1998. I had an extremely successful 1998 and 1999, very bad 2000 and 2001, then recovered. I mostly invest in what I know, which means mostly high tech ... more

Market Is Down. Now What?

Date: Saturday, January 23, 2016 10:21 PM EDT

Market direction will be defined by money balance, as usual. On one side above mentioned sellers. On the other side multiple funds investing money long term, not bothering with trading. In the long term, bulls always win. The main question: when sellers are going to be exausted?
Interesting trivia. I watched Rose Bowl Parade this year and was surprised how many bears were on the floats. Never seen that many.

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