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MetroPCS Communications, Inc. Message Board

ben123manipulator 131 posts  |  Last Activity: 10 hours ago Member since: Sep 20, 2012
  • When does the manipulation of paper money come to an end, maybe it will be on Thursday when that nothing but a pumping bull. s,.,,h,,.,,I,.,.t,.,,.,e,..r Draghi boys proves he don't really have the ammo to shoot of his lying bazooka.

    Sentiment: Sell

  • ben123manipulator ben123manipulator Jun 3, 2014 12:10 PM Flag

    I just read that on Yahoo's front page, about how many pigs are about to get slaughtered.

    Sentiment: Sell

  • ben123manipulator ben123manipulator Jun 2, 2014 12:50 PM Flag

    They are just cooking the product books.

    Sentiment: Sell

  • You can't trust this market any more, how many more were other numbers reported wrong.

    Sentiment: Sell

  • ben123manipulator ben123manipulator Jun 2, 2014 10:51 AM Flag

    The crowed correction verbal over talk was done on purpose just to keep the rally of manipulation to keep on going so the rich could keep getting and richer, and now that if ever analyst said you have to buy as much stock as possible before the market goes up another 30% this year the market would have crashed by now, so they did a planed big lie, of saying the opposite to keep the biggest corrupted pump in history going into it just blows up.

    Sentiment: Sell

  • And many more that are on the list of the recent mojo pump it up stocks that sold off hard in April and then bounced off of their lows in mid May are now feeling the smack down trend starting to happen again

    Sentiment: Sell

  • He says I don't envy

    The term "irrational exuberance" derives from some words that Alan Greenspan, chairman of the Federal Reserve Board in Washington, used in a black-tie dinner speech entitled " The Challenge of Central Banking in a Democratic Society" before the American Enterprise Institute at the Washington Hilton Hotel December 5, 1996. Fourteen pages into this long speech, which was televised live on C-SPAN, he posed a rhetorical question: "But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?" He added that "We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability."

    Immediately after he said this, the stock market in Tokyo, which was open as he gave this speech, fell sharply, and closed down 3%. Hong Kong fell 3%. Then markets in Frankfurt and London fell 4%. The stock market in the US fell 2% at the open of trade. The strong reaction of the markets to Greenspan's seemingly harmless question was widely noted, and made the term irrational exuberance famous. It would seem to make no sense for markets to react all over the world to a question casually thrown out in the middle of a dinner speech. Greenspan probably learned once more from this experience how carefully someone in his position has to choose words. As far as I can determine, Greenspan apparently never actively used the words "irrational exuberance" again in any public venue. The stock market drops around the world that occurred after his speech on December 6, 1996 have all been forgotten, eclipsed by bigger subsequent events, but it was those stock market drops that focused public attention on the phrase irrational exuberance and which caused it to enter our language.

    The term irrational exuberance became Greenspan's most famous quote, out of all the millions of words he has uttered publicly. The term "irrational exuberance" is now often used to describe a heightened state of speculative fervor. It is less strong than other colorful terms such as "speculative mania" or "speculative orgy" which discredit themselves as overstating the case. I chose this phrase as the title for my book because many people know instantly from this title what this book is about.

    Often people ask me whether I coined the term irrational exuberance, since I (along with my colleague John Campbell and a number of others) testified before Greenspan and the Federal Reserve Board only two days earlier, on December 3, 1996, and I had lunch with Greenspan on that day. I did testify that markets were irrational. But, I feel sure that I am not the origin of the words irrational exuberance. Actually, Greenspan is quoted in a Fortune Magazine article in March 1959, long before he became Federal Reserve chairman, about "over-exuberance" of the financial community. These are similar words. It appears that "irrational exuberance" are Greenspan's own words, and not a speech writer's. In his 2007 autobiography, The Age of Turbulence: Adventures in a New World Greenspan said "The concept of irrational exuberance came to me in the bathtub one morning as I was writing a speech." (p. 176.)

    A computer search finds that the phrase "irrational exuberance" had virtually never been used before Alan Greenspan. It has been pointed out to me that the words "irrational exuberance" were used in a 1989 novel A Trap for Fools by Amanda Cross, E. P. Dutton, NY, Chapter 8, p. 99, ". . . she didn't just tumble out of that window in a moment of irrational exuberance," but this was a very rare exception.

    But, the term did not spring full-born from the soul of Alan Greenspan either, for there were already common uses of the words individually to refer to speculative market excess. As early as 1931, Frederick Louis Allen, in his best seller Only Yesterday: An Informal History of the 1920s described "the profound psychological reaction from the exuberance of 1929." (p. 285). Two years before Greenspan's speech, an editorial in Business Marketing by Rance Craine contained the paragraph "The stock market has been behaving in a seemingly irrational way most of the year. Every time the Commerce Department puts out fresh data showing that the economy continues to strengthen, the stock market goes down in a dramatic fashion. And when retail or car sales go down, or factory orders slow from the previous month, the stock market can hardly contain its exuberance."

    I believe that there is nothing essentially catchy about the phrase "Irrational Exuberance," but it lives on because the initial 1996 story of a stock market crash by nothing more than the utterance of those words led to a general interest in the phrase. The phrase survives in our language as more than a relic of one minor stock market episode because it has acquired a meaning that refers to the mindset that occurs during speculative bubbles like that of the 1990s.

    Sentiment: Sell

  • But the criminals in charge of this market are painting a fake tape to keep it from tanking, how much longer can they keep it up is the big question, getting that gut feeling not too much longer.

    Sentiment: Sell

  • The growing wealth divide in the U.S. housing market
    By Bernice Napach
    2 hours ago
    Daily Ticker


    The growing wealth divide in the U.S. economy is now playing out in the U.S. housing market, and that could be a problem for its future. While many wealthy Americans have been purchasing homes -- increasingly with all-cash deals -- others are having a hard time affording one to buy or rent.

    Housing and Urban Development Secretary Shaun Donovan calls it "the worst rental affordability crisis this country has ever known.”

    Related: How 10 million underwater mortgages are hurting the housing market

    A recent study from the Joint Center for Housing Studies at Harvard University found that almost half of all renters are paying more than 30% of their income in rent--more than double the percentage in 1960.

    Lisa Sturtevant, vice president for research at that National Housing Conference, a nonprofit focused on affordable housing for all Americans, explains what's been happening: "A tighter mortgage market is making it increasingly difficult for middle class folks to get home loans, which is pushing a whole group of folks into the renter side, which increases demand on that side and pushes up rents."

    The upshot: both lower income and middle class renters are having a hard time, says Sturtevant.

    Related: Momentum may be changing in the housing market: Robert Shiller

    In contrast, says Sturtevant, there's been "tremendous activity at the higher end," for homes selling for $1 million or more, including second homes. One of the beneficiaries of those sales: Toll Brothers (TOL). The luxury homebuilder Wednesday reported that its net income more than doubled in its latest quarter to $65.2 million due to strong sales and rising home prices. Its executive chairman Robert Toll said he expects sales will rise, and if tight supplies remain, prices could increase rapidly.

    Related: Why the housing market is suddenly struggling

    But Sturtevant tells the Daily Ticker that home price app

    Sentiment: Sell

  • ben123manipulator ben123manipulator May 28, 2014 12:53 PM Flag

    It runs out of riders, and they have to cut ticket prices in half to get them back on the train again.

    Sentiment: Sell

  • Not a very good time to be going long this machines led intraday fake pump up.

    Sentiment: Sell

  • When everyone is riding on the same train, there is no one left at the station to buy tickets at the next stop,

    Sentiment: Sell

  • That explains the very low volume for so long now, but who is doing all of this pump up intraday manipulation, there is only one group you could point a finger at, and everyone knows that is the flash crash HFT ALGO pump it up machines, why is the SEC looking the other way as this corruption is going on right under their nose, of this front running manipulation with no benefit to the public, all profits going to these Wall Street criminals, this is how really bad things happen to the markets when no one is really buying, and it's all controled by a small group of manipulators who have made the biggest profits in the past few years, that are now throwing a hot potato back and forth between them, that means someone is about to get burned badly at any moment.

    Sentiment: Sell

  • Reply to

    Irrational Exuberance

    by usisbest50 May 27, 2014 3:34 PM
    ben123manipulator ben123manipulator May 27, 2014 3:41 PM Flag

    It's like a teenage who has no parents to listen too. and can run a muck all over town and do what ever they want, into something bad happens and they end up in the hospital in bad shape.

    Sentiment: Sell

  • ben123manipulator ben123manipulator May 27, 2014 10:31 AM Flag

    I bet all of the HFT flash boys have all their machines programmed for that reversal to happen, and will be ready to flip on that dump the market switch and ride it back down, and hose all of the dumb money retail jumping in today, and burn them badly.

    Sentiment: Sell

  • No one willing to short, no one looking to sell, no one really looking to buy, other then the HFT machines on their low volume fluff melt up's, is anyone really surprised by this, I would think not, but maybe they will get an ugly surprise come Tuesday.

    Sentiment: Sell

  • ben123manipulator ben123manipulator May 23, 2014 10:15 AM Flag

    All of the mojo traders getting suckered into the market before the long weekend, and burned really badly come Tuesday that could bring a big sell off on Ukraine and the fact that the holiday week run up was way over done, and there could be very little buyers and a lot more sellers come next week.

    Sentiment: Sell

  • ben123manipulator by ben123manipulator May 23, 2014 9:30 AM Flag

    China says economy faces pressure, policy fine-tuning needed

    1 hour ago

    .
    China's Premier Li Keqiang gestures as he speaks during a news conference, after the closing ceremony of the Chinese National People's Congress (NPC) at the Great Hall of the People, in Beijing, March 13, 2014. REUTERS/Barry Huang

    BEIJING (Reuters) - China's economy still faces "relatively big" downward pressures and timely policy fine-tuning is needed, Premier Li Keqiang was quoted by state radio as saying on Friday.

    China's annual economic growth slowed to an 18-month low of 7.4 percent in the first quarter, raising the risk that China could miss its economic growth target - set at 7.5 percent in 2014 - for the first time in 15 years.

    "Currently, the economy is generally stable and we see positive structural changes, but downward pressures are still large and we cannot be complacent," Li said during a visit to the northern region of Inner Mongolia.

    "We should use appropriate policy tools and pre-emptive fine-tuning in a timely and appropriate manner to help resolve financing strains for the real economy, especially small firms' difficulties in financing and high borrowing costs," he said.

    Such policy fine-tuning should help maintain "reasonable growth" in money supply and bank credit, he said.

    The government has been using targeted policy measures, including accelerated spending on railways and affordable housing and tax cuts for smaller firms, to underpin growth in the world's second-largest economy.

    (Reporting by Jenny Su and Kevin Yao; Editing by Nick Macfie)

    Sentiment: Sell

  • I wonder what happens next with this very low volume market when you take away that much of the buying, and the machines can't manipulate any new buyers to come in with their Chanel bid stuffing manipulation, does the market buying have a big dry up of buyers, and then does a big reverse to the down side.

    Sentiment: Sell

  • You guys have a green light to keep the big pump going into something bad happens.

    Sentiment: Sell

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