Very simple: If the markets need the help of AG,to go up,means it'll go DOWN
Just my opinion,i am not an expert in calling markets bottoms or peaks, but one thing i know for sure is........................
"that the US has traditionally speak out and loudly that the markets must move in a free way, WITH NO INTERVENTION AT ALL FOR ANYBODY, but the lates developments has called my atention to the point of believe that there are a group of very powerfull people who seem to want the markets to go UP and no down, in other words, they are keep sending declarations to the fianancial wires and the fiancial comunity about their thinking of the market to going back up again,example,Rubin,greenspan,any of the G7 finance ministers,every time the open their mouth,is to say something to try to push the markets up, but i thought that kind of manipulation i would never see it in the US stock markets, because they have been the best example of the REAL FREE MARKETS, but now, i am beginning to believe that also in the US markets there is manipulation, and they seem to be intereste in the markets to go up. Why? i don't know, but if we have a little of memory, we all know,what is going to bring this kind of commitment to always want the markets to go up, we have the deterioration of credibility of the finance ministers in Japan, where they have been talking and talking for YEARS the market up, they have been talking for YEARS that the end of the crisis has reached, that the bottom of the bubble bursting has finaled arrived, and what was happened till today, just the opposite, the maeket went DOWN,the credibility of their fiance ministers was GONE, they can keep talking and talking and seem that nobody listen to them, as a result we have a country with financial figures on the top posts of the goverment that does not have credibility at all, well , this is what is going to happen with the Rubins and Greenspans, if their continue to give speechees to the market in order to keep it from going down, they are going to loss credibility, because the markets will go the way they way they should go, no the way SOME PEOPLE want it to go, and as a result we will be in the midle of a severe down global markets with no body in the financial coumunity to believe in, because all of them will be descredited,because of their openly showed intentions to keep the markets going just one way, and in this case is UP.
Also in my opinion, the last 2 days last hours misterious rally ,was something i like it to ask any of you in this thread,if you know how much volume was at the very beginning of such a sharp move up, and what was the end of day volume, just to let me know how much they bought? because i am thinking on the idea that there were just buying of the indexes, but it was not buying of stocks, and the way the market was selling before that turnaround, was really selling on the stocks, so i would thank you if you can give me this numbers.
Finally, appears to me tha the financial authorities are BULLS and they made their bets on the upside, because they always keep telling every body that the markets are in goosd shape that the Russia situation wont'affect US, bla,bla, bla, and the worst and most dangerous signal for me, and i repeat in just my Hopinion is that they has just taken their last card, TALK ABOUT AN INTEREST RATE CUT, that for me is the most clear signs that the things are really worst than we believe, and THEY know it, but they were wrong in their bets
to the upside of the markets, and now they are trying to keep this market from falling as it wants to fall, and they are trying to turning it back up, with that kind of false buying at the last moment, just to give a false signal to the world comunity, that Wall Street made a ¨big turnaround?in the last hour, of course they are using their last card, i mean the talking about rate cuts, the very common sense people, who is the vast majority in this market is not foul, the people knows that every thing that goes up, IT HAS TO GO DOWN SOME DAY, well , now is the turn for the Stock markets to go down, and the Rubins and Greenspan SHOULD let the markets move freely all the way down until it finds its bottom, but without manipulation, and without trying to influence that move down by talking about the rate cut,that was the very worst signal i could expect for the US authorities,they must let the markets move free, as they always have been proclaiming. Look, there is an example that cutting interest rates does not guarantee an upside move in the stock market, look at Japan, with the very low level of interest rates , the market tanked, so what are they trying to do now by telling us that may be they will CUT rates, in ordinary words, they are teling the comun investor, hey, you buddy, go and buy in the market because i am goig to CUT rates, and because i am the SUPERMAN, i am telling you in other words that the market is going to go UP, and because i want you to make a lot of money, thats i am going to talk about a rate cut, so junp in the market and BUY ,stocks or calls, NO PUTS of course. Well, this kind of action, is well known by the people, and the most they are going to keep telling the world they are going to cut rates, THE MOST THE MARKET WILL FALL, just simple, the market was up big for quite some time, years, a lot of years, so there is no doubt , the market has to go down, and maybe for years also, it just a natural way of thinking, maybe i am wrong , but as of today, the global markets are signalin they have to go lower, but if they (Big guys, financial authorities) start telling the people that the market has gone down enough and they are doing things to prevent it for going down more, they are just telling us in other words that: We know, the market is going down, but we want that other people loos their money in order to save ours money, so we need somebody to jump into the market and BUY stocks, so in that way when the market keep going down we will be out and waiting for the NATURAL BOTTOM, to start the real buying again, maybe years later, and a ta time they are going to tell us that they are going to RAISE HIKE RATES, in oreder to scare us and make us sell at very lower prices and they buy them . In conclusion, to this poor man, an ordinary man, with no economics studies at all. is very clear, in a free market there is no body who behaves in behalf of the other, every one want to profit, so if they are sending signals that we must buy on the long side, that clearly means that EVEN AT TODAYS PRICES THEY ARE COMITTED TO SELL, in other words, they find the market still overvalued a this level, and want other foul to buy from them. So in fact of the recent downturns in the markets these couple weeks, they ar getting worried because of the ordinary investor like myself who is not following their signals (orders to Buy) and on the other hand we keep selling short or buying puts, and as a result they are lossing enourmous amounts of paper profits, they never got because they were waiting for another bounch of fouls to come and say hey, i want to pay you 135 USDOLLARS for ONE share od DELL, come on and i want to pay 25 times or more earnings in general on the SP, well ,that hopefully stopped at the midle of july, and then they found out that there were no more stupid buyers left in the market to keep buying from them at such lofty prices, so they start
wondering HOW CAN WE GET OUT OF THESE PIECE OF PAPERS AND CONVERT THEM IN REAL MONEY??? well, all of you has the answer, they srted the selling, but they are still traped with such a big amount of paper to sell, and because of the ordinary investor is not buying right now, theyare sending FALSE signals like the last minutes hours rallies,(in the futures), or the last resort, start spreading the talks about a possible rate cut. That just teel me that they are trying by any possible way, to get the people back to the market and buy........but i ask any of you this question:
WHO IS GOING TO SEEL ???
Finally, the markets has to move freely, with no interventions, and if wants to go down , down will go, and if they try to misleading us,they are going to find themeselves in the same position than the President, Clinton, i mean with no credibility in their words.
Just a very simple opinion.
take care,
Jan Jose. |
