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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (7641)10/12/2000 4:04:34 PM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
No,

it is much more vast than that when you think of the holdings of not just The Houses but the funds as well. It is not a matter of making a few bucks. We are talking trillions of dollars in holdings here at stake on the whim of FEAR PSYCHOLOGY that absolutely can be controlled by the powers that be. If this was not the case we would be at 2000 or below on the Naz right now. I cannot imagine being in a market with my money based o just supply and demand peaks and valleys. That is exactly what MM's and the Houses are there for, and for this obligation they are discreetly given certain privileges. I love the fact that the Houses make fortunes by their Psychological moves, it gives me solace.

v



To: Jim Willie CB who wrote (7641)10/12/2000 4:09:07 PM
From: SecularBull  Read Replies (1) | Respond to of 65232
 
That kind of volume has to be absorbed by large buyers, too. I suspect that is sort of a zero sum game.

Fact is, this year is a total loss. (Two years in my case.)

I'm going to go mind my other gold mines, and let this sit on auto pilot.

LoF


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