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To: John Chen who wrote (145646)8/17/2002 12:55:46 PM
From: 10K a day  Respond to of 164684
 
mumbogumbo.com

well...i'm going to here these guys tonight. :)



To: John Chen who wrote (145646)8/19/2002 1:12:49 AM
From: 10K a day  Respond to of 164684
 
I guess my big illusions revolve around price movements....'cause everything anybody ever told me it's all about supply and demand...this MY BOY is an illusion...we seen what can happen to a stock on IPO day (opening at 230 dollars a share)....We seen what can happen with a stock with huge options outstanding at any given strike price waiting for expiration...We can choose to believe what we see or not...We seen what can happen when dead spiral convertibles used to knock a stock in to toilet...we seen what can happen when group of market maniac makers decide to move stock where they want to move it...I don't know if anybody else remembers 50 point gaps in amazon....or 100 point moves in the yahoos cmgi's of the world..300 point short squeezes in commerce one or that company that merged with JDSU...I don't know if anybody remembers any of the flying garbage taht we used to watch on a daily basis ( i haven't forgotten)...I don't know if anybody else scratches their head when they see stocks in a particular sector moving exactly the same percentage across the board...and it ain't because somebdoy is buying the junk...i think it's just because the algorithm is set to make it appear that the demand is where it is....I dunno'...if the whole system is set up to just print money until the end of time..(and the companies are set up to print hope in stuff that don't exist)...why are the foreign dudes going to support our bullshit games...and then we go and bomb the crap out of them for their oil...i dunno'....i got no answers and frankly at this point i don't really care...i wish i did care...then i might be a little more constructive on it all....LOL...I mean i got some sympathy for some of the brokers who had good intent...because i think a lot of them knew what was happening but none of them want to break the code of silence...and quite frankly...they getting so rich over the whole thing...why would they do it...I mean...selling the paper on IPO day...doing over allotments that virtually guarantee NO RISK...why would you not do it...THERE is just money everywhere...the whole system is RIGGED...it's all just a house of mirrors...and a game of SHELLS...it's not really a big deal..I not trying to hold anybody responsible...frankly i don't want anybody to go to jail...that ain't going to help anything..it's not going to help for the government to crack down on things and destroy the industry..Just cause the federal reserve owned by a select few controls the whole game...hey it's a corporation too and they gotta eat too....geeze...of course they do...what was i thinking....LOL



To: John Chen who wrote (145646)8/19/2002 7:32:31 PM
From: craig crawford  Respond to of 164684
 
"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency...Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which no one man in a million can diagnose."

--John Maynard Keynes, The Economic Consequences of the Peace, 1920, page 235