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.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (37445)	9/7/2012 9:12:17 AM
From: Joseph Silent	Read Replies (1) \| Respond to of 223392

I don't know how to answer that GZ. I'll say it this way. A clean way of doing TA is to wear blinders (like determined horses in noisy traffic), pace yourself, and say something about estimates of where you are going to be and when. This presumes the numbers and patterns will guide you because they have a life of their own. At the end of day or at the end of each month you can look at the numbers and infer things about the world. This seems appropriate to me. Because everybody now has a published opinion (newpapers, blogs, boards etc) it is hard to get away from the idea of "X is caused by Y and now Z will happen". As a result, we all become experts in analyses, as if by osmosis. Now TA and FA combine and the result is anyone's guess. Observing all these processes is very interesting, even when I don't understand a whole lot, since I'm not trained in economics. Few people are, relatively speaking. Yet, simply observe the number of experts who "know." I don't think it helps to say markets are rigged. If so, then they have always been rigged because that is how humans work. They manipulate anything you give them because they like control. We've manipulated our surroundings --- the world. Whatever we are in for, I just hope I learn as I go along and manage to survive it. :)

To: GROUND ZERO™ who wrote (37445)	9/7/2012 9:16:41 AM
From: Seismo	Read Replies (2) \| Respond to of 223392

I'll assume this is a general question GZ. I think you answered this question last week when you wrote of the markets addiction to government bailouts(i.e., QE's in the U.S. and bond plans in Europe). As long as the central bank leaders keep dangling the carrot of more government 'stimulus', real market forces are perverted. That may change at some point, just as a drug addict will eventually crash, but it hasn't happened yet.

To: GROUND ZERO™ who wrote (37445)	9/7/2012 9:31:07 AM
From: FCom777	Read Replies (1) \| Respond to of 223392

Clearly, the answer is "free" money through the Fed Lending window to the Primary Broker Dealers. Rather than taking this money and lending it the "traditional" way to benefit the economy and its growth, the Dealers pump the stock market for trading profits. As long as the economy stays weak, there is more "free" money available ... and the market is pumped higher. The cycle seems to be self perpetuating. Bernanke's monetary policy is a failed policy from the perspective of the economy and the average citizen. However, if you are a bankster - its the greatest policy around. The Fed's duplicity stinks to high heaven. They are clearly doing the bidding of their owners - the Primary Broker Dealers.