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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: JF Quinnelly who wrote (377)11/22/2007 3:17:29 PM
From: Maurice Winn  Respond to of 621
 
Interesting jfred. When there is as much money sloshing around as there is, I'd be surprised if the 8 step plan rabbit hole theory isn't correct. I listened to the whole thing [and watched].

I happened to buy some Willdan stock at the IPO without looking at it at all [the broker phoned me and I bought]. I sold it shortly later after investigating and deciding that it was NOT going to do well, in part because when housing prices collapse and people stop paying city taxes, there won't be a lot of money sloshing around for Willdan to get contracts.

Anyway, there was some price mismatching going on which my sale walked into. I contemplated making a complaint to the SEC but on the basis that it's probably best not to get involved with things as they would no doubt end up attacking me for some reason, and that it wasn't me who was out of pocket, I decided to let it lie.

I think they had to buy my shares in the end to cover their tracks. There was a record in the graphs, but I noticed that the graphs somehow got retroactively smoothed. I haven't checked to see if it's still there.

I was definitely swindled in 1986 in NZ by a broker. And again in 1989 there was a swindle which they could, with a stretch, with me not having access to the actual paperwork, claim to have been human error.

So extrapolating from my known swindling to Hedge Fund level, you can be sure that there is criminal behaviour up and down the chain. Such as Enron, Worldcom etc.

When swindling is large enough scale, and popular enough, combined with counter-party indebtedness and various wishful thinkings, there is potential for a LOT of fun in the markets. Which has been happening in the housing sector and overflowing over the financial systems.

If you look at the flat part of the graph at the beginning, you can see my little blip up part way along. finance.yahoo.com It's hardly Mt Everest, but you should be able to see it. As you can see at the end of the graph, there is not great expectation for them now, so I made the right decision to bail out.

If you expand the graph and examine pricing on the day, you might be able to pick up that my sale should have been first out of the box before sales were made at lower prices. My order had been placed the previous day. Maybe it's MSN which has expandable graphs.

Mqurice



To: JF Quinnelly who wrote (377)11/22/2007 3:55:01 PM
From: Maurice Winn  Read Replies (1) | Respond to of 621
 
jfred, I got side-tracked for a couple of hours by that! I meant to reply to this [I'm banned and anyway, my reply is better here] Message 24052792

Our old mate has got a theory involving bunging in a cosmological constant to replace some dark matter and negative energy to rebalance the galaxy. Interestingly, it is much like my theory on financial relativity theory which might or might be nearing supernova status or perhaps black hole event horizon formation.

Now that I've listened to all that other stuff, I've lost interest so will go have a nice cup of tea and read the paper in the sun. I might get reinspired. Or go troppo.

Meanwhile, sell your two New Zealand houses and buy US$ [I think I recommended that to you already]. Soon you should be able to buy two or three nice houses in pleasant parts of California. Which will mean your Y2K humble abode will have turned into 3 rather salubrious dwellings [or more if you borrowed some money and leveraged into more in NZ]. [For other readers - this is a hypothetical imaginary reality which didn't happen but could have done].

Mqurice