This market compares well with April 06, accept there are 470 less companies trading in the Naz. A 16% decline in the number of issues with floats getting interest.
Despite the absolute shrinkage in available shares 06 did only 29 million shares a day in gross average daily volume more, than March 2011.
That owners are disconnect from the supply they own, as it relates to the price mechanism, conditions within balance sheets provide a different story about value.
Preservation of systemic self interest is the sustaining goal for this trade.
there must have been a survey done within the complex where traders and speculators were expected to register thier feelings about how they would feel if the market went down...
Caveat emptor applies, as the feedback collected, suggests that speculators are out of balance with the reality of the holistic sum market. All characterized replies, stated a preference to do more damage to investors in order to claim more degrees of freedom for themselves, based on abstractions without meaning.
The PSYOPS programs of 1st quarter quarter, were reckless. The yield in shares recovered may have been a success.
the oil market in particular is in full blown contrivance, a racket of the sort we've seen many times before.
How the hedge funds were able to be played to take as much supply into thier hands was a stroke of genious, now all that oil fits into the category of Cost of Goods Not Sold....so; the price of holding those goods, is off laid as risk management programs dictate, to categories of players, still consigned behind one or the other, D or d lines. Anyone with money tied up in these hedge funds should try like heck to get it out now.
in some senses, it is truly a work of art. |
