Thursday, October 22, 2009

BLACK BOX

Stocks are below their values in 2000, yet because of HFT (high frequency trading) the $ volume of those shares traded is near TRIPLE what it was in 2000!! TRIPLE....that is the market you "invest" IN

And sure as night follows day, THEY will take your money from you again, and again.

WASHINGTON (TheStreet) -- Home prices dipped in August after three straight months of gains.
The Federal Housing Finance Agency announced today that prices slipped 0.3% during the month and are 3.6% below last year's levels. This, however, is still well above the 10.7% decline seen in April 2007.

So prics are stabilized? But the value of all those TRILLIONS of paper held by the banks are values near FACE VALUE...this March rally began when the GAO allowed BANKS to STOP marking their mortgage paper to face value, it is now marked to ? fantasy

PONZINOMICS gone wild, when investing in MOMO understand that, eventually a few will at least demand that profits stop FALLING from previous year and the manipulation of the "analysts estimates" (GROANNNNNNNNNNNNN) and the game is lower them so they can beat them..I just had a horribly crude thought.....I'll keep that to myself.....

OK let's say you are a midget...a dwarf....( I like dwarfs) and you meet this girl over the net and you are talking to her and you say......I'm diminuative...but probably 4 ft tall.....when she meets you..she finds you are actually 4'6"...imagine the surprise and glee......

Dont do this in reverse,,,like say how incredable your hair is and then show up with a CHROME DOME!!!!! bad call....

Many "experts" are saying the market is MORE EXPENSIVE than it was at 2007 top....are we in better shape now?

D

2 comments:

Anonymous said...

Back in the 30's invsetment pools would drive up volume and price by selling their pooled stock to each other. In the mean time people not in the pool would be enticed to buy at higher prices and the pool would be selling to the non-pool all the way up.

Could be a similar situation here.

D said...

I think it's everybody OUT of the pool. We had a system IN PLACE to protect against what DID happen 2003-2007....GREED, and it shows the BANKERS REACH voided all protection.

NOW, the sanctimonious FED wants more power to regulate...I'm choking on that