YOU WANT TO SEE MARKET MAYHEM? YOU GUYS ARE ON TO SOMETHING!
Rascal, Steeny, Ed, Tom, David, et al (and boy am I full),
This coordinated small share quantity carpet bomb barrage of timed and ultimately irrelevant market activity is the EXACT OPPOSITE of the manipulation you and I witness everyday. I was reminded of it this week when I bet wrong on a pivot (or divot) point in the market. I paid up, suffice it to say that sanity has started to surface in the remnants of my once hefty portfolio. What the market makers need is a big ass dose of chaos theory; perhaps a touch of random and idiotic manipulation on our part!
Remember Abbie Hoffman and cohorts trying to levitate the Pentagon? There is no reason that Abby Joseph Cohen can't raise the market by tapping the sheer power of the collective will and chump change of SI members.
A few scenarios come to mind:
Everybody enters a tiny dollar value order to purchase, sell, or whatever some kind of financial instrument. Flood the market at precise times with wildly disparate and even downright daffy orders for extremely small transactions. Make willy nilly stupid bets and settle at the end of the day. See who's left standing. Kind of like the lottery.
Inform media about the possibility of an organized mass market manipulation from the grass roots level. I can hear Pisani's daily tantrum right now - "TINY VOLUME IS OUT OF CONTROL!!! ALCOA HAS TRADED OVER 34 MILLION SHARES IN THE FIRST TWENTY MINUTES WITH AN AVERAGE ORDER SIZE OF 7 SHARES!!! THE MARKET IS ROTATING INTO CYCLICALS ONCE AGAIN!!!! BACK TO YOU, JOE!! I'VE NEVER HAD THE CHANCE TO TELL YOU THIS, JOE, BUT I WOULD LIKE TO FONDLE YOUR FABULOUS FORELOCKS!! I WOULD HAVE NEVER TOLD YOU THIS EXCEPT THE MARKET IS GONNA MELT LIKE A MARSHMALLOW MOFO AND I'D LIKE TO GET JIGGY WITH IT ONE LAST TIME!!! BACK TO YOU, MARIA!!!
I understand that this forum is devoted to serious analysis of AOL and all of that techno-jive, but I am quasi-serious about this idea. Anybody feel free to PM me with your thoughts if you don't want to clog the thread with this admittedly lame concept.
Yours in the small time chaotic future,
C Nelson |
