I have to confess, lately I've been harboring perhaps a somewhat similar silly analysis. I've been away from the board and reluctant to post, until I was listening/reading on a regular basis. (So much for good judgement!) ;-)


I didn't have the data/chart the WSJ put together, but I wondered if there is/was a higher level of liquidity in the market, reflecting a general angst with the realignment of trading blocks, the quagmire of tariffs and the regional uncertainty in Eastern Europe, Taiwan/Korea and the Mideast/Persian Gulf regions - a lower level of conviction in a more uncertain world.

I agree with Umm that there is ample cash ready to replace a seller, but I wonder if this environment is currently "weighted" to give us a somewhat rangebound result.


Belated gratitude to all for the steady excellence of your posts and the civility of the board.


CmoreBmore