Yep, saw that on charts. Makes you wonder if they suck in some hedge fund who was short and robbed them out of a lot, to continue these highs. But today, they are having trouble getting it down to monthly support at 1182. If they can't get rid of those long we will sell off on the indexes and gap down, finally.
Yes, went short some ndx stocks, but the thin volume was a trigger. As was the simple fact that they main derivatives trades are juiced in with price raid from some stocks on there.
Scratch that, now you have price moving up back fast, as soros said, volatility is the sign of a bottom or a top.
How long is this going to go? London fixing does the trick, now countries are going to want their gold back is the news as of yesterday. What happens when the banks that have it refuse to give it back because they don't have it and paid china off w the debt for them?
The hedge funds and mutuals are buying up all the homes that can't be sold due to the jobs that can't be gotten to buy them. The upper tier end of the re market doesn't count for squat when you view the economy from the macro level. They will eventually need renters or be vacant, and the ones that are sitting empty, will eventually become huge liabilities (given the protesting going on, which can quickly turn into rioting). People were worried a while ago, about the banks going after thier savings. When the funds are using their assets to purchase the paper, across the country you've got it right there...
Most stocks of value haven't done much. You have to be a multimillionaire to be allowed to buy them, the destroying of the dollar from 1.25 was the worst. Biggest scam to happen since stocks crashed in last hundred years. Dow 17,8k minus that hit on the dollar to .80 was 35%. Take that right off the index and you have 12k.
Who the hell else was able to come over and deal w the indians, who'd been killing eachother w spears for thousands of years? The fact is they had the guts and fortitude to do it, and be successful when many other groups tried before. Getting access to the us's valuable resources wasn't easy, they deserve a lot more credit than history gives me. That made the industrial revolution possible.
I'll bet that he graduated from hs, and also was educated a bit higher. I also would bet that he did from a public hs. So your comparsion has is baseless, and if brown had graduated from his and had no priors, it would be a lot different for the outcome.
After getting confirms today, gold really did spike to 1450 for a brief few milliseconds. If that is really the case there will be a lot of action tonight, to make sure that doesn't happen again. I am not sure hundred percent about the source, so if anyone has any info about this would like to share what I know.
This is what you might need to think about. The same people that are behind qe, and all this fake it till we make it economy, are behind this stuff. Because, bs is bs, plain and simple. You can't rob peter to pay paul, as you can't say someone is a decent person, who has a criminal background and should be given the benefit of the doubt like an average person.
Paid poster, has at least a half dozen screenames. Will be putting together a lost over the holidays, of paid posters, and supsects, with a bit of their track records if you are interested. Most of them I suspect, come from a cubicle, somewhere in and around dc, or from yahoo hq, or softbank itself.
Nice job fellas, super.
At that pace, we are losing over a hundred k jobs a month, that would be about right when at least one co a month, reports they are laying off the amount of workers say they are. Anyone agree w that computation?
All judges get huge pension retirement package from the big banks. Think anything will happen due to any suit? Yea, right.
And again w the gold market, below 1200. Nice job fellas, now move all the world mkts up to all time highs, and kill e one's purchasing power w the currencies.
Irrelevant, what an ignorant statement that is. There are protests all over the country. Main interstates shut down to arkansas, which will effect shipments for walmart, etc. You don't think that those can turn into riots real fast? You haven't studied history much, and probably the modern spoon fed version.
And up over +300 pts a piece. Making sure no sell off will effect more us new highs.
Never before has market stayed above 5dma for twenty eight days in a row, and once ndx gets to the old highs the whole market is history.