This from Themis Trading LLC. A White Paper on Toxic Trading. The tape does look different these days. Enjoy.
I thought I'd take the other side of the Sentiment Survey so there might be some fair comparison. Let's see what happens here.
Yesterday, my CAPS paper trading account suffered a 65% decline in points in shares of MNLU.OB. This is truly remarkable, especially in light of the fact that the stock remained unchaged for the day at $1.65 on something like 2,500 shares. Today the stock is down to $1.40 and the arithmetic seems fine, but still no accounting for what occurred yesterday. In case some are wondering, CAPS accounts should be taken with a grain of salt. I frankly don't have time to chase their errors. [more]
Very few people genuinely understand the inner workings of economies and what makes them function. Goldman Sachs would be the exception. To simplify the explanation somewhat, it is an unnatural act to begin with. The basic tenet behind any Usury Chain is the need to create demand itself, whether that demand is real or imagined. The building blocks of the Usury Chain begin within Government itself, or The Bank, since it has the money and has the power to regulate money through Tax and Spending Policy and through the issuance of Debt. Our current rendition of The Usury Chain began in the Reagan Administration with wholesale Tax Cuts for Businesses and Individuals. These Tax Cuts automatically put more money in the hands of Businesses and Individuals once Tax Rates were reduced, that money in Individual Budgets and Business budgets then went to work bidding up asset values in order to strengthen Balance Sheets with 'paper profits'. This was the spark that lit The Usury Chain. This Chain then ratchets up prices and assets until there is NO MORE MONEY to bid prices higher. The net effect of The Usury Chain is to create demand in an unnatural way and then as a result of doing so, to then charge INTEREST which rises on a compounded rate which exceeds the worth and value of asset prices, or even their ability to rise to parity with Interest Compounded. Simply because the Interest Component is removed from the economy, never to return again, except in the Formation of Newer Debt, asset prices become stalled in value and once owners of property recognize this, Panic sets in. Why does this happen? Because eventually Interest removes money from economies at an ever accellerating rate, based simply on the compounding nature of Debt. You see, it wasn't that we lived beyond our means, it is that we were forced to live beyond our means simply because of a Usury Chain that was put into practice for the purpose of raising prices on everything from soda pop to Housing. This system has now prospered again by profiting off of the misfortune created by The Bank to begin with. [more]
shorting the Phone Book. Originally, I came to Caps because it was a very convenient place to monitor the picks of TV personality Jim Cramer. I was simply trying to assess how well his picks actually did. Well, they didn't do too well, as my Caps rating fell to about 9 and my earnings rank bottomed at 3%. Since then, I revamped the portfolio with my own picks. Miraculously, I have now rallied the account from a 1,000 point loser to a net gain. A word of caution though. This is paper trading, not the real deal. But for those who are the least bit interested, in the old days you had to excel at paper trading in order to get a job on Wall St. Now, it seems, your best chance is as a computer programmer, working and designing BIG BLUE, the engine that is now doing my old job. Yes, creative destruction is the way of economies, things change rapidly, especially in these times, and should be a cautionary tale for those who work for the Government since the entire concept is now one where the prey has now become the hunter. [more]
If you were looking for any further evidence of massive manipulation in markets, take a look at this gem. Goldman Sachs has filed a complaint with the Police alleging that the theft of it's proprietary software could cause 'unfair' manipulation of markets. 'Unfair' manipulation? Really? Isn't that an oxymoron, kinda like Jumbo Shrimp? What passes for 'Egghead Intelligence' these days cannot be far removed from the deliberate creation of our 'Egghead Depression'. The word 'clawback' now comes to mind. [more]
It has been said many times, in many places "The Trend is your Friend". [more]