Pondering Market Conditions

Two prominent analysts have been evaluating the current market conditions.Mark Tinker of AXA Framlington Gemini says it has been a trading band environment,characterized by options use.Unwinding causes volatility toward the end of the day.People don't want to face a wall of selling,so they take their 20% profit,Mr.Tinker noted.For his part,Jacob Schmidt of Schmidt Research Partners feels that it's just day trading now,in and out.Everyone has become a day trader-even pension funds.There's no stability here in the markets.The question for me is,who's gonna be around in 2-3 years' time? I think the Tesco supermarket chain will survive.We don't know what the U.K. consumers will do.Will immigrants continue to arrive in the U.K.,or will they leave because of unemployment? If there's a survivor,I think it will be a Tesco,Mr.Schmidt reiterated.