Great post...My take on the continued failure of rallies is that for each share anyone purchases long (especially from Margined accounts) these broker firms are shorting it 3 times over...
I have placed odd sized purchases that have filled and find the same sizes coming up again, and again, and again on the asks...they also will reappear on the bid later after the stocks have tanked Intraday....
We no longer trade against one another, we trade against man made machines, the Media, and sophisicated software programs which all run automatically making big money for those who can afford to own them....These same machines are in control of the lives of everyone who have invested in any stock market the last year, and these same machines make corporate firms and rich clients even more rich, while the middle class gets evaporated into lower life forms...whos futures are no longer a dream, but a reality of debt...The future is all written in a book titled "fahrenhiet 451"..scary, but it is here and here to stay In control..IMHO
So when you see MLCO, BTRD, INCA, REDI and the likes loading up a stock such as VERT on friday morning, consider it Just a way to gather stock Certificates that will be getting sold again 3 times over...
My personal view is that if its legal it will be done, as far as things being Morally right, well thats an entirely different area that obviously has no weight on Walls street...
I forsee Nasdaq at 2000 with this continued activity as these analysist Yadda, Yadda, this Bull not does not come, as they unload and shortsell on top of the unloads...
Goodluck as always.
Attiene |
