Posted on 09/22/2011 6:11:44 PM PDT by MeneMeneTekelUpharsin
Two nights ago my son was over and the price of silver was discussed. He said the big investment houses had massive contracts coming due at the end of the month and if silver wasn’t at $36 they’d have huge losses.
Silver was was $39.75 on Tues and today it fell below $36 briefly.
[Mr. Rogers voice] Can you say manipulation?
I read a lot about silver stuff on this place called Jesse’s Cafe Americain website. Somebody named Blythe Masters comes up a lot. I think she works for somebody who owes a lot of silver to other people and they try to lower the price so they can pay it back cheaper.
Panic is addictive. Get counseling.
Panic is addictive. Get counseling.
Bush and rove were early huge investors in autozone. In post presidential life, Bush commissioned Rove and Cheney to re-engineer the Hurricane steering machine into a high frequency trading price manipulator. Plus bush stole some old lady’s dentures.
You can say that again....
Thank you.
I recall reading somewhere about how younger Texas Hold ‘em players have changed the game with statistical analysis - not of probabilities of an individual hand, but of win/loss over time. IIRC this leads to an aggressive all out play against the old timers, who are reported to be somewhat miffed (and broke).
I can’t find this article now, probably as I do not know enough about said game to search it well. But I get the idea from a brief perusal of your links that HFT trading is game changing in similar ways. I found people who think that it is a game that is played amongst only HFT groups, with little or no impact on longer term traders.
Looks more like the card game scenario - one set of people playing by rules that say go all in all the time, win big, lose big, win big again until the other competitors simply have no more money.
Looks like a good way to break the system, but what does that matter, as long as I got mine first?
HPQ
Hit a year low. Last time the market was this high was September 17th of last year.
The first time it hit 10,600 was in April 30th of 1999. So Obama’s wound us back 12 years and 5 months now.
Still a long way from the low of the Obama depression of 6626.
Obama could be the first president since Carter not to see a market high during his time in office. He’s got 15 months to see a 3,500 point rise. He needs the Dow to go up 235 points a month to get there.
My goodness, a nasty attack from absolutely nowhere. And you quote the Bible?
OMEX went up - - - after a drastic fall the day before.
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