current Market

April 26, 20066Currently market won't go down and up too much.Here is what I am think.All small stock traders are cautious, no one will buy and hold for a while because the price is already kind of high.MM can not sell their stock out at current price; once they start to sell, the price will drop a lot. The MM don't want the market do south currently because they did not make money from the market yet (of cause they already earn some book value on the market) and the companies current perfomance is good. Once they give up this chance to make money. they will lose lots of money when the economy data get worse and worse some time later (maybe soon). What MM can do is rotation from sector to sector, so they can keep their book perfomance look good, and make some profit from the mistake of small traders (we all make mistakes).