It's clear that this small auction completely controls the market. The market is filled with fear.
Apparently people expect a rally or a dump depending on the outcome.
I have 2 simple questions:
1: What will cause the rally and what will cause the dump.
2: Why is this considered so extremely important at the moment.
I really must be missing something. Hopefully someone can fill me in
I think that this forum acts as a magnifier... (of peoples opinions) there are far larger forces at play here then this auction... but the market likes any excuse, also the market does not need an excuse and the market is not always smart... lots of posturing and positioning and speculation from speculators... the market will shake this off like a case of the fleas and a few weeks down the line it will be all forgotten and there will be another thing to focus the magnifying glass on.. there will be dips and peaks, highs and lows... the market will move because that is what markets do.
All the while there are several larger forces at play... tick tock tick tock
I completely agree with this. So that's why i ask these questions. Because it doesn't make sense.