well that certainly sounds like a rigged game.
well that certainly sounds like a rigged game.
It is rigged when a company like AAPL buys back the same stock that Tim Cook is selling. Supports a higher price for insiders. A very incestuous relationship as well as rigged to the advantage of those often coloring themselves as society’s savior.
Ghost of Igloi wrote:
Sure, but smaller traders are the ones that lubricates the institutional trades. Why else do you see advertising for online tracing all day long on the financial channels? Provides the hype to make the system work.
It’s peanuts. As mentioned above, it’s a rigged game. Us little guys are just along for the ride. Stop watching CNBC.
Don't bet against the Fed.
It's a rigged game where stock market goes up in the long run. Keep investing and reap the reward when you're old and wrinkly.
300 today?
Or is some ridiculous fibonacci number set to ruin the day ...?
seattle prattle wrote:
well that certainly sounds like a rigged game.
Of course it's a rigged game.
the idiot wrote:
300 today?
Or is some ridiculous fibonacci number set to ruin the day ...?
Again right above Fib 61.8%. Magic of technicals after breaking Fib 50.0% on Thursday.
What is ridiculous is the economic destruction and market disconnect.
Oh, that’s right it is forward looking to S&P 500 GAAP EPS of $80. :)
Ghost of Igloi wrote:
the idiot wrote:
300 today?
Or is some ridiculous fibonacci number set to ruin the day ...?
Again right above Fib 61.8%. Magic of technicals after breaking Fib 50.0% on Thursday.
What is ridiculous is the economic destruction and market disconnect.
The are disconnected to a large extent. I've accepted that.
It’s time to go all in. I continually try to time the market and I’m always wrong. With the big move today, I moved almost everything to cash (well, MIPII in my Fidelity 401k). It just seems like more downside risk than upside potential... but like I said, I’m always wrong.
You can thank me later when the market soon hits new highs.
all to cash .. Igy got to me wrote:
It’s time to go all in. I continually try to time the market and I’m always wrong. With the big move today, I moved almost everything to cash (well, MIPII in my Fidelity 401k). It just seems like more downside risk than upside potential... but like I said, I’m always wrong.
You can thank me later when the market soon hits new highs.
Moved to cash on the day the Fed Chair announces they will continue to support the markets, a new drug is announced with very strong possibility of being an effective vaccine against the virus, and the Dow surges over 900 points, and many states moving to open back up?
Ok, maybe there's more downside risk, but only because there's so many reasons to be buying, as somebody clearly has been doing....
seattle prattle wrote:
Ghost of Igloi wrote:
Again right above Fib 61.8%. Magic of technicals after breaking Fib 50.0% on Thursday.
What is ridiculous is the economic destruction and market disconnect.
The are disconnected to a large extent. I've accepted that.
Well good, at least you realize it is fake. What that says about the future both short and long should concern everyone.
That vaccine company Moderna did a secondary offering of their stock at market close. Remember Gilead Remedviser; that story faded. Where was that market high that day 4/29? Answer: 2,954. Enough said.
Ghost of Igloi wrote:
seattle prattle wrote:
The are disconnected to a large extent. I've accepted that.
Well good, at least you realize it is fake. What that says about the future both short and long should concern everyone.
It doesn't purport to be anything other than what it is, a market place. A place in which a buyer and seller may transact shares of equities. And it has been going up. As i said, that has been obvious to many of us for several weeks now.
Ghost of Igloi wrote:
seattle prattle wrote:
Moved to cash on the day the Fed Chair announces they will continue to support the markets, a new drug is announced with very strong possibility of being an effective vaccine against the virus, and the Dow surges over 900 points, and many states moving to open back up?
Ok, maybe there's more downside risk, but only because there's so many reasons to be buying, as somebody clearly has been doing....
That vaccine company Moderna did a secondary offering of their stock at market close. Remember Gilead Remedviser; that story faded. Where was that market high that day 4/29? Answer: 2,954. Enough said.
You don't get it. The Remedviser story may have faded but the markets didn't. It's not about any specific drug. It's about an improving outlook in general, for several reasons.
all to cash .. Igy got to me wrote:
It’s time to go all in. I continually try to time the market and I’m always wrong. With the big move today, I moved almost everything to cash (well, MIPII in my Fidelity 401k). It just seems like more downside risk than upside potential... but like I said, I’m always wrong.
You can thank me later when the market soon hits new highs.
Hey not trying to scare you are anyone else. That said, the Fed throwing money at a very serious social, economic, and medical problem does have limits. On top of all that equity valuations have been stretched for years. A market that rises on the Moderna nonsense does not inspire confidence in anyone that is willing to use deductive reasoning.
RIP: D3 All-American Frank Csorba - who ran 13:56 in March - dead
RENATO can you talk about the preparation of Emile Cairess 2:06
Running for Bowerman Track Club used to be cool now its embarrassing
Hats off to my dad. He just ran a 1:42 Half Marathon and turns 75 in 2 months!
Great interview with Steve Cram - says Jakob has no chance of WRs this year
Rest in Peace Adrian Lehmann - 2:11 Swiss marathoner. Dies of heart attack.