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Another flash crash occured today

TNJed avatar
TNJedBeach Fanatic
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Replies

11
30ashopper avatar
30ashopperSoWal Insider
#2
"The market is a farce, wrapped in a joke, inside a tragicomedy."

well put.
TNJed avatar
TNJedBeach FanaticAuthor
#3
yes indeed 30ashopper. I try to leave the salient points for those with their emotions in check. I'm a poor communicator but a quick learner.

The symptoms of a dying or dead economy are in the market every single day, but it's confusing and you must be in it to get it. The great many good people of this country will not fully appreciate it all until it's too late. I think it already is too late and they are playing a sovereign game of musical chairs with the little bit of liquidity left.

I just wish everyone would wake up. I just don't know how to express my concerns without coming off sounding like an ass. Its very hard for me to start a post without rambling like a madman but that's where I'm at.

I'm angry everyone isn't angry, because they should be.
Bob avatar
BobSoWal Insider
#4
Zero Hedge
From Wikipedia, the free encyclopedia
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Zero Hedge is a popular finance blog, credited with bringing the controversial practice of flash trading to public attention in 2009 via a series of posts alleging that Goldman Sachs's access to flash order information allowed the firm to gain unfair profits.[1]

The blog was founded in January 2009. The anonymous founder of Zero Hedge refers to himself as "Tyler Durden," a character in the movie Fight Club.[1] Despite speculation that "Tyler Durden" is a pseudonym of Daniel Ivandjiiski, Ivandjiiski denies being a founder of Zero Hedge, while also claiming to be one of several writers contributing to the site under the pseudonym.[2]

The blog contends that Goldman Sachs alumni are at the center of a powerful cabal and that the solution is "a purifying market crash that leads to the elimination of the big banks altogether and the reinstatement of genuine free-market capitalism" - "Dow Zero."[1] The blog made such a sensational case for its reporting on Goldman Sachs that it drew the attention of the mainstream financial media. It became a source for reporters. Bloomberg News published stories based on Zero Hedge?s blogs, such as ?Goldman Sachs Loses Grip on Its Doomsday Machine,? by columnist Jonathan Weil.[citation needed] Later, "Tyler Durden" was interviewed on Bloomberg Radio.[1]....
Matt J avatar
Matt JSWGB
#5
So it's half fact, half conspiracy theory?
Bob avatar
BobSoWal Insider
#7
it's called throw the hot potato, and make attorneys some coin
TNJed avatar
TNJedBeach FanaticAuthor
#8
that is the truth. lawyers have a dream clientele now. they get the fees and drop a spot on the most hated profession list.

Festivus for all of us!
Minnie avatar
MinnieBeach Fanatic
#9
yes indeed 30ashopper. I try to leave the salient points for those with their emotions in check. I'm a poor communicator but a quick learner.

The symptoms of a dying or dead economy are in the market every single day, but it's confusing and you must be in it to get it. The great many good people of this country will not fully appreciate it all until it's too late. I think it already is too late and they are playing a sovereign game of musical chairs with the little bit of liquidity left.

I just wish everyone would wake up. I just don't know how to express my concerns without coming off sounding like an ass. Its very hard for me to start a post without rambling like a madman but that's where I'm at.

I'm angry everyone isn't angry, because they should be.

Does being angry make it any better? :idontno:
futurebeachbum avatar
futurebeachbumBeach Fanatic
#10
Does being angry make it any better? :idontno:

I've heard it improves a person's judgement in the voting booth.
TNJed avatar
TNJedBeach FanaticAuthor
#11
Does being angry make it any better? :idontno:


Why yes, yes it does. It's the emotion one gets after awareness and before taking action.

Oh lucky, blissful you.
DuneAHH avatar
DuneAHHBeach Fanatic
#12
Does being angry make it any better? :idontno:

Yes, it can.
Anger can spur REAL PEOPLE out of complacency; bringing them together in pro-action (in opposition of giant, faceless, soulless, corrupt, 'institutional entities').

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