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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (14021)4/16/2013 9:00:03 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
hi entitlement, welcome to wallstreet..... I was watching a Netflix special on the 1920's stockmarket and after the crash in late 1929 and the wipe out decline where the DJIA went from 382 on Sept 3 rd and sustained the massive decline to 41.56 on July 8th of 1932..... It made some of Jesse Livermore's pool operations impossible......so things change...... new developments occur and the rules of the markets get revised.

I feel on one hand a sense of anguish that you feel their is such corruption in the system....but on my other hand..... or other side of my brain lobe.......completely agree with you that we have insane manupulation of all of our major capital markets and it starts with our really shady Central Banks that no one ever gets to audit, or even understand the totality of what they are doing. plus the BOE....BOJ..... SNB...... whatever the European union believes they are using......... How would you like to be asking questions about the Russian Central Bank.......I imagine..... many people are vaporized each month for ever asking this question.....

When in Rome ...... do as the Romans do........ and in our country.........we have this indecipherable central bank and we really have very limited information as to who owns it and what they are doing.

Happy day after tax day,

John