Questions about the stock market

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Re: Questions about the stock market

Postby 82_28 » Thu May 20, 2010 11:58 pm

justdrew wrote:
82_28 wrote:
Wombaticus Rex wrote:Sounds like you don't really want to know, though.


Sure I do. Explain it or else I'm going back to that Cydonia thread for the rest of my life.


ya know, your username, 82_28, is: <year_of_PKD's_death>_<year of PKD's_birth>

was that intentional? (probably not but FYI :) )


Fuck you!!!!! Arghhhh. No I did not realize that!!!. That freaks me out. Totally freaks me out. Now I do realize it and it was not intentional and I also happen to be a huge PKDickian thought dabbler.

82_28 comes from a cash turn-in as a bartender of $82.28 for three straight shifts a couple of years ago. Fuckin' weird.

And I didn't mean "fuck you" as in "fuck you". Just fuuuucckkkk you man, are you kidding?!?!? Too fuckin' weird.
There is no me. There is no you. There is all. There is no you. There is no me. And that is all. A profound acceptance of an enormous pageantry. A haunting certainty that the unifying principle of this universe is love. -- Propagandhi
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Re: Questions about the stock market

Postby justdrew » Fri May 21, 2010 12:09 am

82_28 wrote:
justdrew wrote:
82_28 wrote:
Wombaticus Rex wrote:Sounds like you don't really want to know, though.


Sure I do. Explain it or else I'm going back to that Cydonia thread for the rest of my life.


ya know, your username, 82_28, is: <year_of_PKD's_death>_<year of PKD's_birth>

was that intentional? (probably not but FYI :) )


Fuck you!!!!! Arghhhh. No I did not realize that!!!. That freaks me out. Totally freaks me out. Now I do realize it and it was not intentional and I also happen to be a huge PKDickian thought dabbler.

82_28 comes from a cash turn-in as a bartender of $82.28 for three straight shifts a couple of years ago. Fuckin' weird.

And I didn't mean "fuck you" as in "fuck you". Just fuuuucckkkk you man, are you kidding?!?!? Too fuckin' weird.


s'cool I know how you meant it. it's that old synchomystic sibilance at it again. As long as you're not waking up in the night to discover your clock radio secretly whispering insults at you, all is well... or well, well as can be.
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Re: Questions about the stock market

Postby 82_28 » Fri May 21, 2010 12:15 am

justdrew wrote:
82_28 wrote:
justdrew wrote:
82_28 wrote:
Wombaticus Rex wrote:Sounds like you don't really want to know, though.


Sure I do. Explain it or else I'm going back to that Cydonia thread for the rest of my life.


ya know, your username, 82_28, is: <year_of_PKD's_death>_<year of PKD's_birth>

was that intentional? (probably not but FYI :) )


Fuck you!!!!! Arghhhh. No I did not realize that!!!. That freaks me out. Totally freaks me out. Now I do realize it and it was not intentional and I also happen to be a huge PKDickian thought dabbler.

82_28 comes from a cash turn-in as a bartender of $82.28 for three straight shifts a couple of years ago. Fuckin' weird.

And I didn't mean "fuck you" as in "fuck you". Just fuuuucckkkk you man, are you kidding?!?!? Too fuckin' weird.



s'cool I know how you meant it. it's that old synchomystic sibilance at it again. As long as you're not waking up in the night to discover your clock radio secretly whispering insults at you, all is well... or well, well as can be.


Well if you mean my alarm for some reason not going off this morning and luckily my gf woke me up in time to get to work -- well there you have it. Just fucking weird though. At the time of the 82.28s I was literally eating PKD books for lunch. I inhaled them. Just too weird and I never put the "82" and the "28" together (2 and 2) together. Hijo de la verga.
There is no me. There is no you. There is all. There is no you. There is no me. And that is all. A profound acceptance of an enormous pageantry. A haunting certainty that the unifying principle of this universe is love. -- Propagandhi
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Re: Questions about the stock market

Postby anothershamus » Fri May 21, 2010 12:21 am

This is the best technical definition that I have seen ANYWHERE!
You guys make it look easy!

Support is a term from "technical" analysis, which is basically a bunch of horseshit--but oddly enough, so is the only other form of stock analysis, "fundamental" analysis. Technical analysis looks at price charts and volume, IOW, it's staring at numbers and charts with your autism glasses on. There's some specious stuff about fibonacci numbers and "waves" etc. that claim to be tied into the natural mathematical patterns of social behavior or whatever but hey, sometimes I like to take stimulants with my weed, too. Fundamentals look to "fundamentals," shit (that's what it is) like price (of the shares taken in gross)-to-earnings, profit levels, demand, future availability, social trends etc. Technical analysis doesn't pay attention to anything but numbers.


Just FYI, I checked in over at zerohedge.com, and good old Tyler Durden is going far beyond any doom and gloom I've ever seen:


I wasn’t going to write this week so this will be extremely brief. The entire charade that has been propagated on humanity is coming completely unglued and there is absolutely no stopping it. I have only one request to those that are reading this. If you know of specific incidences of corruption or serious wrong-doing come forth and tell everyone now. This is your last chance. When this things breaks the 99% of people on this planet that have been unwilling victims of a very small group of elitist political and corporate players and others will be so completely destroyed they are going to go after people and in a very serious way. This must be done calmly and without violence but it must be done and it will be done. At that point the backstabbing and selling out by people that previously held alliances with one another will be so chaotic it is going to be tough to separate those did the most harm from those that were willfully ignorant. I fear that being willfully ignorant will not be a defense that will appease many so it is best to come out before that point is reached. For those that have read A Tale of Two Cities or just generally know your history remember what happened in the aftermath of the French Revolution. There was illogic and indiscriminate punishment applied in many cases. I hope this never happens and I will fight to prevent it all the way but the best thing one can do now is come clean if there is anything you need to come clean about. Bob Dylan said it best in the quote at the top. This is the chance. Do not let it pass you by because of fear or greed. Truth is all that matters. - Mike Krieger




:shock:

http://www.zerohedge.com/article/time-speak-out


All these economists throw around terms that make them sound like they know what the fuck they are doing and we all know that the tea leaves give the same accuracy! (Not that I have anything against tea leaves but I would rather not have money wagered on, 'if the girl loves me or not', although I hear that there is a derivatives market for that, but I digress.) Economics is just a bunch of people who follow the $ trying to figure out where it is going next. They don't know! We don't know! Common sense tells us to get out of the market if it gets volatile the brokers want us to continue to be exposed. Never have more in than you can afford to lose!

And it is a nice 82_28 sub thread :)
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Re: Questions about the stock market

Postby smiths » Fri May 21, 2010 12:30 am

the best you can do in the markets currently is to bet against whatever goldman recommends,
that play has been infallible ever since goldman predicted $200 oil and the oil price folded about 3 days later
the question is why, who, why, what, why, when, why and why again?
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Re: Questions about the stock market

Postby justdrew » Fri May 21, 2010 2:52 am

justdrew wrote:As long as you're not waking up in the night to discover your clock radio secretly whispering insults at you, all is well... or well, well as can be.


it's something horselover phat notices happening at one point in one of the books
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Re: Questions about the stock market

Postby General Patton » Fri May 21, 2010 8:54 am

smiths wrote:the best you can do in the markets currently is to bet against whatever goldman recommends,
that play has been infallible ever since goldman predicted $200 oil and the oil price folded about 3 days later


So true, it reminds me of what Nathan Rothschild did during the battle of Waterloo. Make a show of moving one way, then move the other and turn a huge profit. And just like Nathan they have plenty of intelligence gathering/rigging methods to put them ahead of the crowd. So much of capitalism is about copying what other people are doing, mainly because it's been proven to turn a profit and you don't have to go through the hassle and risk of innovation. The downside is the major players that everyone follows can lead you off a cliff.
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Re: Questions about the stock market

Postby nathan28 » Fri May 21, 2010 9:46 am

General Patton wrote:
smiths wrote:the best you can do in the markets currently is to bet against whatever goldman recommends,
that play has been infallible ever since goldman predicted $200 oil and the oil price folded about 3 days later


So true, it reminds me of what Nathan Rothschild did during the battle of Waterloo. Make a show of moving one way, then move the other and turn a huge profit. And just like Nathan they have plenty of intelligence gathering/rigging methods to put them ahead of the crowd. So much of capitalism is about copying what other people are doing, mainly because it's been proven to turn a profit and you don't have to go through the hassle and risk of innovation. The downside is the major players that everyone follows can lead you off a cliff.



Since school is open this is called a "contrarian indicator" like the magazine cover indicator. The most famous is The Economist magazine--if they print something on their cover, immediately buy/short the opposite of what would be recommended. They did the famous "Drowning in Oil" when oil was at $15/bbl about fifteen years ago, just before oil started to blast off. Whoops. This is another case where the "psychology" of the game is that media are the last to get whiff of something so by the time they get the story out the trend is dead--once it becomes conventional wisdom, the market has reached actual efficiency and is going to turn around as new attempts to exploit that particular market occur.
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Re: Questions about the stock market

Postby anothershamus » Fri May 21, 2010 11:45 am

nathan28 wrote:
Since school is open this is called a "contrarian indicator" like the magazine cover indicator. The most famous is The Economist magazine--if they print something on their cover, immediately buy/short the opposite of what would be recommended. They did the famous "Drowning in Oil" when oil was at $15/bbl about fifteen years ago, just before oil started to blast off. Whoops. This is another case where the "psychology" of the game is that media are the last to get whiff of something so by the time they get the story out the trend is dead--once it becomes conventional wisdom, the market has reached actual efficiency and is going to turn around as new attempts to exploit that particular market occur.


I have never trusted The Economist, for a while it seemed to follow me around, showing up in the little town grocery store at the check out and I got lots of promotional material in the mail. It always seemed to be, as stated above, contrarian news, or psy-ops. Then in the below text, my other ghost, Zbigniew Brzezinski, rears his head, he seems like a contrarian as well.

Here is the full post of that Michael Krieger Op:

Guest Post: A Time to Speak Out
May 21st, 2010 by Michael Krieger

Come writers and critics
Who prophesize with your pen
And keep your eyes wide
The chance won’t come again
And don’t speak too soon
For the wheel’s still in spin
And there’s no tellin’ who
That it’s namin’.
For the loser now
Will be later to win
For the times they are a-changin’.

- Bob Dylan

Carl Quintanilla: Futures were down 30 now down 175.

Joe Kernan: These pictures (Greece) aren’t helping.

- This morning on CNBC

The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities.

Zbigniew Brzezinski in his book Between Two Ages: America’s Role in the Technetronic Era
A Time to Speak Out
I wasn’t going to write this week so this will be extremely brief. The entire charade that has been propagated on humanity is coming completely unglued and there is absolutely no stopping it. I have only one request to those that are reading this. If you know of specific incidences of corruption or serious wrong-doing come forth and tell everyone now. This is your last chance. When this things breaks the 99% of people on this planet that have been unwilling victims of a very small group of elitist political and corporate players and others will be so completely destroyed they are going to go after people and in a very serious way. This must be done calmly and without violence but it must be done and it will be done. At that point the backstabbing and selling out by people that previously held alliances with one another will be so chaotic it is going to be tough to separate those did the most harm from those that were willfully ignorant. I fear that being willfully ignorant will not be a defense that will appease many so it is best to come out before that point is reached. For those that have read A Tale of Two Cities or just generally know your history remember what happened in the aftermath of the French Revolution. There was illogic and indiscriminate punishment applied in many cases. I hope this never happens and I will fight to prevent it all the way but the best thing one can do now is come clean if there is anything you need to come clean about. Bob Dylan said it best in the quote at the top. This is the chance. Do not let it pass you by because of fear or greed. Truth is all that matters.

Turn the Television Off
I barely watch any television anymore. It has been this way for several years now and it is the best thing I have ever done in my life. I turn it on to CNBC when I wake up for 15 minutes or so and then I watch reruns of “The Office” before I go to sleep. That said, the 15 minutes I get from CNBC in the morning is invaluable. It reinforces why I don’t watch tv and it also reminds me why many investors are so lost. As the futures plunged this morning Joe Kernan stated “ These pictures aren’t helping.” Helping what exactly? Helping an agenda. An economic philosophy that unfortunately dominates our current financial system. A system that is NOT free market in many crucial ways, but rather is top down autocratic system run by Central Bankers (you have to read this http://www.marketskeptics.com/2010/05/f ... using.html). That profession needs to go or be changed entirely back to its root functions. Later in the news segment one of the guests begged the CNBC anchors to take the pictures off the screen. They don’t play well in Disneyland. Television can be great for certain purposes but do not for a minute think you are getting the news of the day. You see what you are permitted to see. Mainstream journalism is dead.


The Latest Martin Armstrong Piece

I also wanted to implore everyone to read the latest piece by political prisoner Martin Armstrong. Here is the link. http://www.martinarmstrong.org/files/Cl ... -14-10.pdf

If we don’t stand up now then the world envisioned by Zbigniew Brzezinski may come to pass. It will be a technocratic neo-feudalism. Your children and grandchildren are going to ask what you did during this time. How you stood up. What side were you on. We can’t let this chance slip away.

Mike
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Re: Questions about the stock market

Postby nathan28 » Fri May 21, 2010 4:29 pm

No economist in his right mind uses the term "support." Economists' jobs are not to predict stock prices. If an economist is talking about support levels on a stock, he's speaking outside his expertise. Additionally, whenever anyone talks about a support level, they're guessing. That's all. They're telling you it will profitable to by at a certain price and sell at a higher price. They could be very wrong.


Second, the Economist isn't a psy-op and it's not contrarian. It's following the classic efficient market rules: by the time everyone knows that something has happened, it's been factored into the price. If Goldman bets on a big hurricane season, and makes those plays on Friday, by the time you hear about it on Monday when the press publishes the memo, Goldman already bought all that stuff and raised the price. You missed it.

Also, Martin Armstrong is not a hero. Yes, his being held coercively, rather than punitively, for five years, is a really big as far a precedents go. Arguably he should be released for that alone. But he is not a political prisoner. He is a Ponzi-scheming charlatan. He has not discovered some market secret; his is not a market wizard. He is a fraud. By his own admission his Ponzi scheme was an effort to correct for losses he made. In ONE INSTANCE he successfully called a stock market drop (not turn, drop) to the date. ONE. He was wrong on EVERY OTHER supposed "turn" he called. I hate to break this to anyone, but if your trading strategy counts "close" calls as winning moves, then you may as well start mailing cash to the nearest Goldman office. If you think you have enough liquidity to start picking market tops and bottoms and believe you can afford to be wrong by a margin of six months--which I've seen some Armstrongtards claim as his margin of success--you're either loaded enough that it doesn't matter of completely, utterly full of shit. A near miss costs just as much money as a far miss. If the gov't locked people up for figure out how to make a bunch of close but wrong calls, there'd be a lot more retail traders in jail. The fan club Armstrong has on the internet only shows his persistent ability to bilk the unwitting.



This is exactly the sort of crap you see with Moon Landing Hoax theory. The real psy-op isn't a fake landing on the moon, it's that you missed the simple fact that the rocket industry--you know, ballistic missles, MIRVs, star wars contractors, aka, the MILITARY INDUSTRIAL COMPLEX--got massive free press from it and no one even noticed. It was that subtle that they actually put a human on the moon and still people failed to notice that it was part of, gee, the Cold War, WHICH FOR FORTY YEARS THREATENED TO DESTROY HUMANITY.

Same shit here. Oooooh, the mystical, magical powers of Armstrong and the technical analysts. The secrets of "support" (how secret can it be if you can draw a straight line?). Psy-ops at the Economist and every other magazine to misdirect the reading public about the actual movements of the markets. No. The actual psy-op at the Economist is that supposedly intelligent people in the US read a neoliberal propaganda rag every issue and don't realize that's what they're doing. The actual psy-op is that the entire fucking economy is virtualized and no one notices. It's that Goldman & Friends have made a fucking killing off neoliberal reform while actually contributing nothing--nothing, beside showing how profitable it is to underwrite speculative ventures and if you underwrite enough you get taxpayer money when the bubble bursts--which has supposedly "lifted all boats"--bullshit. There is no "Market Oracle." It's fucking controlled. Some people make money at the margins, and they do that with what they call "discipline," which means nothing more or less than planning their position sizes, their entry points, their exit points and their risk tolerance ahead of time. That's all. They aren't magicians. There is no magic.
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Re: Questions about the stock market

Postby Byrne » Fri May 21, 2010 7:34 pm

What fascinates me is how, on a number of occasions, stock market control factors (computer algorithm driven systems) break down whenever there are big (political) events happening. Most recently in the NYSE during the UK general election on May 6. Reports had it that all trades between certian times were anulled & there was no right of appeal.......

I remeber a post I made here whiles ago where the London Stock Exchange ticker 'went up, but in reality, it went down', or somesuchlike.....

Another example was the collapse in UK banking stocks where the drop was blamed on a few rouge traders..that's all folks.........,

Oh & the various exercises in financial 'resilience' that occurred on
I suppose it could be my inclination to research behind the headlines, but do any such technical glitches occur in normal (trading) times
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Re: Questions about the stock market

Postby 82_28 » Fri May 21, 2010 7:53 pm

This is exactly the sort of crap you see with Moon Landing Hoax theory. The real psy-op isn't a fake landing on the moon, it's that you missed the simple fact that the rocket industry--you know, ballistic missles, MIRVs, star wars contractors, aka, the MILITARY INDUSTRIAL COMPLEX--got massive free press from it and no one even noticed. It was that subtle that they actually put a human on the moon and still people failed to notice that it was part of, gee, the Cold War, WHICH FOR FORTY YEARS THREATENED TO DESTROY HUMANITY.


I will note as well RE: other ongoing threads of utmost importance and depth, that Carl Sagan was essentially the first dude to call this shit. It was the first time I'd ever heard it back in the heady pre-Internet days of 1994. But he said it. America went to the moon to ONLY show off it's missiles. The science piggy backed.

Don't know if any of that shows up in this Google books clip or not, but it's a good read.

http://books.google.com/books?id=9hzqn9 ... &q&f=false
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