Up 200 on a grand jury indictment- only in america.

Discussion in 'Trading' started by areyoukidding?, Oct 28, 2005.

  1. This is the normal october pattern....we see it nearly every year!
     
    #11     Oct 28, 2005

  2. more buyers than sellers.

    You can pick a news event every day as to why YOU think the mkt is up or down but the bottom line is supply and demand. You think a portfolio manager buying and selling blocks makes his/her decision on TODAYS NEWS? If you do your clueless....
     
    #12     Oct 28, 2005
  3. lol. who said i know why a PM is doing what he is doing? Assuming this buying is from funds buying.
     
    #13     Oct 28, 2005



  4. Clearly mkt mechanics isn't your strong point if you think PM`s don't move the mkt every day.
     
    #14     Oct 28, 2005
  5. lol. have a good one. you won.
     
    #15     Oct 28, 2005
  6. If we already know this, then why start a thread entitled,
    "Up 200 On A Grand Jury Indictment - Only in America" ???

    You are stating something that is obvious.
    And then you criticize someone that posts the exact same thing.

    Yet another insightful and valuable THEAD started by the resident village idiot . . . You must really enjoy talking to yourself. As a moderator suggested several weeks ago, perhaps you should start a JOURNAL rather than clog up the Trading Forum with all of your worthless running "commentary" on the market.
     
    #16     Oct 28, 2005
  7. Anybody else find it strange that the Dow gained 172 and the semis actually went down??:eek:
     
    #17     Oct 28, 2005
  8. nassau

    nassau

    supply / demand ..?...it comes down to math ..
    day traders buy/sell/short as a result of their perception..

    an example is today...mrvl..drops 3dollars then rallies 3plus to close at a new high for the day...
    did the value of the stock really change..? ..the funds just took out all the little guys...math...and they do take advantage of news...although it is acknowledged that the brokers have orders to buy / sell today 1million of x...

    portfolio managers are long term..18months -3yrs..
    block traders ..100k shares is not really that big..
    the market markers create the liquidity...even from themselves...to create the sceanario of supply and demand of a perceived stock value/price.
    News does make a difference..todays news ? squawk box etc say..market discounted the news...always an excuse / explanation...
    I can tell you that when Bush fired two officals in Dec 3years ago...He caused the usd/euro to drop ....big time....

    w
     
    #18     Oct 28, 2005
  9. 2 or 3 years ago I would find it strange, nowadays anything goes.
     
    #19     Oct 28, 2005
  10. another insightful post, classic.
     
    #20     Oct 28, 2005