Posted on 06/08/2009 1:24:19 PM PDT by Juan Medén
In his book, Jim Cramer described a process every afternoon where investors that cannot meet their margin calls are sold out after 1pm, putting downward pressure on prices until about 2 pm. The effect would be stronger in a down day. Then, with selling pressure lessened, the market often recovers.
johnnycap, you’re in the industry. Any thoughts about the above?
I’m always skeptical about any conspiracy theory. For anything that I know about from the inside, the conspiracy theories are total garbage.
The stock market is, and has always been, a leading indicator of the economy. You cannot look at what you think the economy is doing now, nor what the government reports that the economy did last quarter, and predict what the stock market should be doing.
That is backwards.
The stock market portends what the economy will be doing six to twelve months from now. That’s why it’s one of the government’s Leading Indicators.
The market isn’t always right. It’s good to keep that in mind. Plus, you might want to look at which sectors are making the market go up right now. Those are the sectors that are being forecast to be rising two or three quarters from now. All sectors don’t go up or down at the same time.
For all those interested in learning where all the “Stimulus” money is going — the Inspector General of the Federal Reserve tried to answer that question recently.....
Go here..... and bring a crying towel.
The feckless imbecile couldn’t answer a simple question, and couldn’t throw enough bull shit to cover her ignorance... Rick Santellis is calling everyone’s attention to this moron....
This is a typical Obama appointee........
I find it uncanny that since March 9th. We have not had a single 150 pt. sell off that was sustained. That was happening every day prior to March 9th. Something happened and the market feels different, resistant. I can’t prove a damned thing but it’s like when you know your spouse is cheating. You just know!!!
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