Wallstreet Is Total Manipulation!!!
- Thread starter BlueStreek
- Start date
"Well I asked many traders why they keep shorting this market and they answered: BECAUSE IT WORKS !."
Exactly. One should not think too deeply about the markets. Perhaps that is why a fancy education, while certainly useful and worthwhile, is not necessary, and might even be a hindrance, in trading.
Of course markets are manipulated. That is their nature, and it is perfectly legal to do so by buying and selling. The retail traders job is not to second guess the markets but simply to see where they are going at the moment and go with them. When we can't tell where they are going we sit on our hands, right.
Exactly. One should not think too deeply about the markets. Perhaps that is why a fancy education, while certainly useful and worthwhile, is not necessary, and might even be a hindrance, in trading.
Of course markets are manipulated. That is their nature, and it is perfectly legal to do so by buying and selling. The retail traders job is not to second guess the markets but simply to see where they are going at the moment and go with them. When we can't tell where they are going we sit on our hands, right.
AMD is so full of shit.....I have never seen corporate types talk so much smack that they never actually back up----they got smacked down once this year---and they have some nerve to say anything optimistic---until they actually take all the marketshare from competitors and still keep any decent margins I will remain skeptical on that stock.
You went from completely confident the market would crash to now blaming some outside force. Sounds like the phases of drug addiction.
Once I see you post that you've given up and you're ready to buy, I'm selling
Once I see you post that you've given up and you're ready to buy, I'm selling
Quote from BlueStreek:
On no news, the dow and s&p 500 were weak at the opening; but the nasdaq was "unusually strong" for the past 2 weeks.....and they kept buying up the nasdaq index and blew out out the shorts/stops......and then the other two indices followed suit and blew out their shorts/stops. But make no mistake it was the nasdaq that was the tool of manipulation today, total bs.....no wonder GS gives out 17 billion in BONUSES this year....they have a license to steal.
After today`s bs.....this market is headed for a total crash in my opinion, it will be one nasty fall from this inflated equities bubble.....it can`t fall slowly from these levels.....too damn high.....has to be a spectacular crash from here
Oh, so now you are talking about the surge off the opening?
Obviously options guys having to read just their "gamma".
And given several positive news items before the opening, it was just a matter of time before buy stops in the S&P's got triggered and more fuel was thrown on the fire via readjusting gamma.
No big surprise there.
But given some of the naive comments on this board, many think that such a "readjustment" of gamma just before triple-witch is some sort of a CONSPIRACY.
well that will never happen---i always buy low and sell high---i never buy high and sell higher---------i look for over-valued and undervalued trades----like yahoo at 22.65---dell at 18.95----msft at 22.00, intc at 16.00-------------i looked to short goog at 515, bidu at 128, rimm at 139, ford at 9.00 gm at 37 etc.
and right now I AM SHORTING/PUTTING the qqqq`s and looking to buy long value plays like yahoo if it gets in the 25`s this year due to tax selling----but not too many undervalued long plays here.
so the smart play is too short/put over-valued stocks/indices---and that is my strategy---and that`s why i always buy options out in advance---everything will always mean revert in the end---enough to make the money on the trades---unless we were in some different economic paradigm, i.e. y2k ramp up---and even that mean reverted.
so have your fun at my expense--i recognize when you go against the grain---especially in a bold manner--to encur some grief--but I am confident in my approach--and I will have the last laugh
and right now I AM SHORTING/PUTTING the qqqq`s and looking to buy long value plays like yahoo if it gets in the 25`s this year due to tax selling----but not too many undervalued long plays here.
so the smart play is too short/put over-valued stocks/indices---and that is my strategy---and that`s why i always buy options out in advance---everything will always mean revert in the end---enough to make the money on the trades---unless we were in some different economic paradigm, i.e. y2k ramp up---and even that mean reverted.
so have your fun at my expense--i recognize when you go against the grain---especially in a bold manner--to encur some grief--but I am confident in my approach--and I will have the last laugh
Quote from Landis82:
Oh, so now you are talking about the surge off the opening?
Obviously options guys having to read just their "gamma".
And given several positive news items before the opening, it was just a matter of time before buy stops in the S&P's got triggered and more fuel was thrown on the fire via readjusting gamma.
No big surprise there.
But given some of the naive comments on this board, many think that such a "readjustment" of gamma just before triple-witch is some sort of a CONSPIRACY.
Umm yeah...was talking about the 10 point SP run right off the open.....what did you think I was talking about. My point was there hasnt been a surge like that in a while. Usually a move like that is news related. But..there was no relevant news to cause it....you list of "reaches" has absolutely nothing to do with today...because if it did, the sp's wouldnt have been up .25 pre-open.