A Totally Rigged Market

Discussion in 'Economics' started by Rickshaw Man, Jul 27, 2017.

  1. Buy1Sell2

    Buy1Sell2

    Whether or not the market is rigged is immaterial to chances of being a successful trader.
     
    #21     Jul 28, 2017
    murray t turtle likes this.
  2. Millionaire

    Millionaire

    Depends on how the markets are rigged.
    If the rigging causes a large supply demand imbalance it should be possible for traders to exploit the rigging.
    However if there is say an imbalance of sellers but the market is rigged to balance out the selling then that will be harder for traders to exploit. At least until the rigging ends, at that point there could be huge moves. I suppose you could do directionless trading but that carries the of risk blowing up like what happened with the swiss franc.
     
    Last edited: Jul 29, 2017
    #22     Jul 29, 2017
  3. %%
    AND ....AIG-loser lawsuit over that; even if they ringlead /bought it [ 80% stock AIG]so to speak. By the way AIG was the loser again , they sued USgov/FED, for 40 billion bucks i think . They got nothing[goose egg buck$, [MAY2017 judgement=source WSJ newspaper] but the judge did rule that AIG bail out [80% stock FED/gov bail out] was a ''quote unlawful extraction '' unquote LOL. So the judge ruled against AIG + the FED -LOL

    Carl Ichan helped bust AIG up, the stock , after Ichan bought in-thank God.
    PS; the Japanese central bank is on the front page of IBD [Investors Business Daily] as a buyer of US stocks, i can get you the exact quote/date., if you want. I saved that newspaper; good timing by the Japanese central bank.Thanks - mr PieZoe:cool::caution:
     
    #23     Jul 31, 2017
  4. piezoe

    piezoe

    I don't know what the Japanese Central bank does, I'm not Japanese, but I do follow events in Japan as someone I am very close to is Japanese. I would guess that there is virtually as much disinformation on the net concerning the JCB as there is concerning the Fed. You are of course aware that the Fed does not buy and hold stock, neither GM's or AIG's, but they have served as a conduit for Treasury acquisition of equities. But even the Treasury does not ordinarily buy equities, and when they did recently acquire equities as a part of the overall rescue of GM and AIG they sought to divest the government of equities as soon as practicable.

    When the Treasury bought equities as an emergency measure, the money for the purchase may have had its origin, partially or wholly, at the Federal Reserve. Federal Reserve money that ends up at the Treasury is from net Fed earnings, which are 100% remitted to the Treasury, or else Money due the Treasury when the Fed buys new issues of Treasury bonds on the secondary market.

    The Fed does not create money out of "Thin Air" as is often stated, but rather out of Treasury debt. When money is truly created out of nothing, no additional debt is created; that's true "printing." This is what Zimbabwe did. The Fed does not do this. The Fed's expansion of the money supply is reversible. Zimbabwe's is only reversible by using a match. The types of legitimate operations the U.S. Central Bank engages in sometimes require many years to come full circle.
     
    Last edited: Jul 31, 2017
    #24     Jul 31, 2017
    murray t turtle likes this.
  5. %% Good points PieZoe; i like American-asian-HMC, TM, NSANY vehicles -owned several of each.NOT a stock tip[@all LOL], simply a good trend comment in cars/trucks!!,!!!!!

    WHY did i quote IBD because i love them?? YES, BUT IBD nespaper/IBD books tell the truth, and is known for very accurate data/stock data +oil data..................................................... If IBD prints it you can take it to the bank, much, much ,more , much accurate than WSJ.

    I looked @ many a WSJ chart + came away confused or mad @ thier BS-baloney- LOL
     
    #25     Jul 31, 2017
  6. piezoe

    piezoe

    First time I've heard that about IBD. I'll take that into consideration. O'Neil is a blowhard in my opinion, but that shouldn't mean that the organization he founded is necessarily worthless. One of his valuable bits of advice is, "Never short a stock because you think it is too high."
     
    #26     Jul 31, 2017
    murray t turtle likes this.
  7. %%

    Good point PieZoe; never considered him a blowhard/bragger. Even though i'ive boasted of some of his skills/books+ companies . He has been know to use poetic language, to make a point, me 2; ''anyone can tell when an elephant gets in a bathtub ''/[demand upTrend word picture]

    I use candleCharts much more than barcharts[ IBD favorite]:D or pie charts LOL:cool:
     
    #27     Jul 31, 2017
  8. wrbtrader

    wrbtrader

    They complain...it just may not seem like a complaint to you.
     
    #28     Jul 31, 2017
  9. %%
    Depend a lot on the market + the seller;
    Real estate is not liquid @ all, but RE has a much better rep than BAC. Welles wilder made some bucks in RE, many have.....................................................Thanks:cool:
     
    #29     Jul 31, 2017
  10. %%
    PieZoe;
    here is the quote i did note. ''Bank of Japan Surprises With Boost in Asset Buys ....to 80 trillion yen a year, about $713 billion, buying long dated bonds, , riskier assets like equities. The yen plunged to a 7 year low'' IBD {investors Business Daily monday NOV 3,2014.}NasdaQQ made a new high ,then, like now. 2 days after Fed Ends QE3.

    I remember that front page news /pic of BOJ gov....because the NasdaQQQ chart made a new high about the time that was published in 2014; even though it was a SEPT sell+ OCT sell,[below 50 day moving average] 2014:cool:
     
    #30     Aug 4, 2017