All: I think we have a serious problem on our hands!!!
We need to remember that the bulk of stocks bought recently were by stockbrokers, institutional investors and high net worth clients. I reckon that between them, they have bought practically everything worth buying since the false bottom, false 1% exit door was created.
What this means in essence is that as soon as the fabricated bull run commenced they bought existing sell orders that were yet to be actioned, since there were no buyers, previously!!
This is why the brokers made sure they had the first pickings! Now that that they have mopped up sell orders that were not cancelled, who will supply stocks for the rest of us to buy?
Who wants to sell when they are yet to realise profit? If you are in profit, you must have been lucky to buy just before the imaginary bull run!
Who is willing to give up 100k units to enable the price to rise?
Personally I do not see the market going anywhere under the current situation! It will turn out to be a stalemate! Those that want in can't get in, those that want out can't get out, but hey the prices will remain high for as long as the 1% rule remains!!!
Who gains from all this:
The government is happy that it has a stock market that is supposedly "up" and not down! for this reason the government might be the compelled to leave the 1% rule in place much longer than we could possibly imagine.
The government has forced those in the market to remain long term! You have no choice but to go long term, unless you get out quickly as in now!! rather than later!
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