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Here we go again....SHEESH, it is like a bad Cheech & Chong movie! (Notice the timing of these reports....Hmmm, makes you wonder!)
Without the pot.
The Pot has been replaced with lots of Hopium.
I got my unicorn only it doesn't shit skittles...or hopium. Just regular smelly shit. And a lot of it. And it's eating me out of house and home.
Now that comment made me laugh.
Remember Leo the one thing you and I completely agree upon is that the market is rigged. I consider no announcement as merely a co-inka-dink.
The only thing that cannot be allowed is a stagnant market, with no trade commissions, and no fleecing of the sheeple by distribution.
Yup, the hedgies and investment banks need money. Deflation is a bitch!
Looks like I picked the wrong day to quit doing tequila shots in the morning.
Start again tomorrow. That should be a good day to get wasted!
Think of the money being made by those in-the-know about these "announcements." This is another reason why I don't trade. When your money is in these markets it is available to be stolen. With all the market info aggregation, how hard would it be to take a snapshot of positions, take a correctly calculated position of your own, then move the markets your way with this seesaw news business?
Lol , i first read it as Germany cannot Greece Press.
It seems I read something about this yesterday, that it is unconstitutional (or unlawful) for Germany to directly bailout Greece--or any other EU member for that matter.
Doesn't stop rumours being put about to nudge the market in any direction to fool the un-informed!
Remember Leo the one thing you and I completely agree upon is that the market is rigged. I consider no announcement as merely a co-inka-dink.
I get my news here: http://bit.ly/brdWWK
Yeah the market is rigged by those Fatcats! Man! Its all a conspiracy - I totally get it now. You guys are so fing brilliant, you should win a nobel prize.... oh wait, all you read is zerohedge, and you have no idea what you are talking about. Fannnnntastic.
Yeah we'll get it.....
Ben and Jerry's introduces new GREECE flavor ice cream.
1/2 Ouzo, 1/2 rancid butter cream with Pralines and pumpkin chunks.
-MobBarley
"The market is composed of competing headlines and politically compromised media." -jpk
I apologize in advance for this OT post. Hopefully it won’t be too objectionable since TD has not yet expanded upon this thread’s headline.
Besides reading ZH, what books, blogs, etc. would you suggest that I read in order to educate myself about what’s currently going on? Specifically, I'm hoping to learn about: (i) the big picture about how the market’s heavy hitters are moving the market; (ii) their end game; (iii) the financial vehicles with which they’re doing it; (iv) the acronyms used on this site; and (v) how a little guy like me can protect myself.
It’s obvious that this site isn’t for beginners like me, but I’ve been reading it for about two months because I’ve found that jumping into the deep end typically accelerates my learning. FWIW, my background is in CRE. Regarding finance, I have little more than a solid understanding of the time value of money.
TIA.
in response to 225343, there is not quick route to understanding economics and the markets but suffice it to say that the big players like soros or buffett do not win in the markets because they are more knowledgeable or lucky than small players. they win because they have access to priviledged information. they understand economic cycles and the big picture. through their contacts in industry and government they can make predictions as to where and when any given market will move.
even the most highly trained and experienced traders get it wrong a lot of the time because they are merely speculating most of the time.
my advice would be to avoid the markets entirely unless you are a professional. 95% of traders lose. the markets are rigged just like any vegas casino.
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