Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (338874)	7/23/2007 3:01:55 PM
From: Roads End	Read Replies (3) \| Respond to of 436258

Yep, GE about to take out 52 week.

To: MythMan who wrote (338874)	7/23/2007 3:04:31 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

Agreed.

To: MythMan who wrote (338874)	7/24/2007 5:38:52 AM
From: Real Man	Read Replies (1) \| Respond to of 436258

Well, MM, on the subject of "protection", even though I'm not there, I know a few folks in derivative groups at major banks, supposedly the manipulators and the protectors. The answer seems to be a bit different. They have full faith in standard mathematical procedures of setting up derivative positions, and they don't really care how many zeroes those have. -g- So, a different view would be nobody really knows WTF is going on there, or why, neither these folks in derivative groups at major banks nor the Fed, but they all follow procedures that work as long as there is plenty of liquidity. Banks use derivatives to lever up income, and for nothing else. So no, this is not control of the Fed, it's just a huge, huge bubble. Nobody believes the steamroller exists anymore, cause it really has not been seen around for a while -g- Yes, the bubble is thanks to the Fed and its back room, but no, the Fed just has absolutely no clue WTF is going on, and neither does everyone else. -g- I think this view is far more likely than the view that a few members of the Fed are informed daily of the developments in the World markets, and press a buy button for some of those with the sole purpose of manipulation -g- These same "procedures" will drop the dollar now if the Fed does not raise, while others do. -g-