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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Nixpix who wrote (88086)	3/17/2012 3:05:33 PM
From: Amelia Carhartt	Read Replies (1) \| Respond to of 217556

"Everything is lining up with what he forecasted at his seminar in Dec." What was that?

To: Nixpix who wrote (88086)	3/17/2012 3:35:29 PM
From: Maurice Winn	3 Recommendations Read Replies (1) \| Respond to of 217556

When it was rumoured that Lehman Bros was going down the gurgler, it happened really quickly after that. Like traditional runs on the bank, nobody wants to be last out, so they head for the exits in a hurry when they see others sidling for the door. I have no idea why anyone would have their money in Goldman Sachs now. They swindled a fortune out of the taxpayers to bailout AIG which returned money to Goldman Sachs. Goldman Sachs and others have enjoyed enormous financial support from taxpayers. On the other hand, I was trying to get Globalstar going but it went bust. It was liquidated and the assets sold. Where was my umpty$billion? General Motors was going bust, but being friends of Obama, they got loads of loot. Nobody should get loot. If a company can't do it and go bust, they should transfer the assets to somebody who can do it, or at least is willing to put in a lot more money to try. Maybe people putting money into Goldman Sachs are betting that the government will save them again. It's quite possible, but it might be that the political fallout with the public would be too great. A lot of people now think Goldman Sachs in particular could go the way of Lehman Bros and it would be no bad thing. Hmmm... I had better check the share price of GS. finance.yahoo.com oh, it has already been halved from the glory days. And only $60 billion market capitalisation. That's small fry these days. Letting them go under wouldn't matter at all. Flash crashes come around when the supersonic high frequency million mile a minute computers detect a hint of blood in the water, or even when they want to just test the health of a herd. Start a stampede and see who is limping. Then focus the attack there. If they smell blood in the water, they start an attack and then the rest swarm in too in a feeding frenzy. Those million mile a minute computer systems are not investors, they are liquidity testers, fear monitors, competitors and cannibals of each other, arbitrage fillers, seeking weakness in financial stability, finding doubt in investors' minds, tidying up after regular investors have done whatever they decide to do. No doubt they are circling Goldman Sachs now, and a lot more besides. Mqurice