MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Berney who wrote (35415)	12/19/1999 5:29:00 AM
From: Haim R. Branisteanu	Read Replies (5) of 99985

*OT* Berney, in the end we the majority influence the laws made and how they are enforced. Unfortunate the laws are there but are not enforced or applied to the big swindlers.(they own the politicians as did J.P. Morgan) The most worrisome aspect of today stock market which in effect is one of the biggest ponzi scheme know to mankind is done with the full support of this administration as it is done in other countries. (Never in human history was the stock market at such valuation in relation to their GDP and this is not related to the US only) Just as a reminder Hong Kong openly admitted that they intervene in their stock market last year, and surprise surprise all is well by now in HK. Just to watch their index fluctuate intraday makes you sea sick. At issue is the fact that the running of stock is so pervasive today that Al Cappone would blush. Today MM are worse in their actions but use different tacticts. It takes much more than just day traders to run stocks like EXDS, RHAT and other related Linux stocks to achieve such valuation, not to mention AMZN, YHOO, NOK, and many others (in which I have no position). Pretending all is well in this stock market is wrong and is a complete separate issue from the flood of liquidity initiated by this administration under the pretense of Y2K. The whole think is a zero game as there are no earnings and only worthless stock certificates are changing hands at ever higher prices. For that matter I fail to understand why Sear or Kmart or B&N is worth less than AMZN or any other e-tailers. We all already pay from our hard earned money for those excesses by higher cost of services, food and housing, to subsidize the speculators and nobody cares. Those items in New York are already around 10% higher than last year. Furthe a much bigger tab will be paid for all the excesses and as in the S&L fiasco we will pay for it and not those engaged in the wild speculation. It is only sad that the US Fed is composed of senile or lunatics who truly belive in the "new era" or only pretend to, to appease those who appointed them in the first place with the hope to be reappointed and able to continue their "power game". Just ask yourself why this guy (Angel spl?) and fromer governor of the FED works now for BEAR STERNS??? just conincidence?? It is important to remember that banks now sell stocks and stock funds and those banks also chose their regional Fed Governors - a clear conflict of interest not to mention that Clinton long ago discovered with the help of Rubin that the stock market makes a great political tool if used wisely and can keep him or any one else in power no matter what sins he committed. Further have you notice that most statistics are revised to the bearish side a month or two after they are released, only to release again misleading statistics to be later adjusted?? Interesting that the statistical mistakes are not even handed or are they? BWDIK Haim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next