The $64,000 question is what does this change?
Nuttin'!
Markets are still rigged, trade to that hypothesis.
Hey Wayne, howya doing mate? I wastempted to look ya up when i was last in the UK, got lost in Stamford though. How long have you been hanging your hat in NZ?
Cheers,
CanOz
Re markets rigged - why does the Goldman news come out when markets
are at a high and just before a big results week?
Has 'someone' shorted before the news and bought back before Friday's
close knowing that results are going to be good?
Or do 'they' know results are not good and have therefore positioned
well (short) for next week?
Anyone here betting on either scenario on the premise that just because
you're a touch paranoid doesn't mean you're not right?
G
I bet Goldman themselves shorted their own stock and all the markets they can lay their hands on.
This is the real $64,000 question... is that a bad thing if they did short the market?
Well a bunch of tin hat hippies are basically suing em for it now (in a lawsuit separate to the SEC one).
MRC, I agree, but the extreme strength in the market that came so soon after the SEC announcement about Goldman does make me a bit weary. Side ways for a week and I'm all in.
I would like to see a series of lower lows before I discard my bull hat.
Then what? it will be too late to get in by then.
Then what? it will be too late to get in by then.
There was also a ton of volume after the spanish downgrade last night.
I think the ES is about the health of US companies rather than the US economy or world economies.
US companies are improving their revenues.
We may get a correction but Im not so sure if it will be very deep.
Timberrrrrrrrrrrrrrrrr.
Does that mean I can be a bear again?
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