There is a huge disconnect between rational analysis by experts and the truth of the trade;
Here is the trading data for the Naz one year ago yesterday.
Date Companies total Vol Block Vol Total trades
11-Dec 3336 1,901,891,115 380,798,938 5,227,107
Block trades
11,123
Compared to yesterday what do you notice?
Date Companies total Vol Block Vol Total trades
11-Dec 3270 2,255,098,824 285,944,191 7,947,514
Block trades
8,763
First thing you should notice is the disappearance of the supply of stock through the reduction of participating floats, and the next thing, is the outright increase in the amount of money weighing in against this lowered supply.
The market has found many ways to sleight of mind the players and the investors who actually buy and hold the inventory of the market. New trading claims suggest that the market is a fractal, or a wave, or any number of schemes to get investor focus shifted away from what really matters, to accepting traders as arbiters whose sole goals are to obfuscate the products of investment..
In the post 2000 period; wall street created proxies, for all the missing companies. These proxies are important to the trade as they represent instruments of cancellation.
Por Favor.......
the madness is the method, there is noting owned by these products but durations of time, and an artifact price.
Por favor.....these instruments and the people who buy and sell them, have become defacto arbiters of Supply and demand....unfortunately, the broadening awareness of deduction as to what these actually represent, says nill about the stocks and thier respective fundamentals, and volumes about the dependency imposed by this sleight of mind trading we see every day.
the disconnects are what they are. tricks of a trade. |
