MY STOCK MARKET

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Ironic.  Growing mobs are descending on Wall Street protesting the huge amounts of money being made by insiders and professionals. Let’s have a look at Apple, and the lack of transparency on its inner workings, and how Steve Jobs protected his health problems, and how that effected Apple’s stock price.  Rumors caused it to jump around, while only insiders (call them friends) had the knowledge of how and when to jump in with leveraged trading.
Continue Reading Jobs/jobs

In less than 45 minutes yesterday, just before the usual dreaded down day close, Wall Street, as expressed by the Dow, went up 4%!

45 minutes? A concerted effort by market makers (aka “they”) is what this was. A scientific forensic investigation should be mounted to find out how it is that a huge market can act with all participants in concert with each other.Continue Reading A Market Meltup on Wednesday October 5th, 2011

An article in the NY Times magazine caught my eye. All about the clown antics of a certain Booyah Bozo by the name of Jim Cramer. You will be aware of him if you have hours to kill in front of the TV set, and own a set of securities of diminishing value.

In the old days, we used to go down to our broker (most often Merrill Lynch), and waste hours watching the tape go by, with a cup of coffee and a newspaper. And, of course, trade information and rumors. Outright promotion by the broker was a no-no.

So what’s changed?Continue Reading On Jim Cramer, hitting an alltime high

Anyone notice that the stock market is not behaving normally? The up moves are being cut short, not achieving their promise, and all of the technical rules are being breached? And the hoped-for bounces are all dead cats?
The only people making sure money now are the advisors, who risk nothing, except perhaps the cancellation…

THERE IS NO SECOND PUBLIC!
This market maxim was well established years ago, first propounded by a true market guru, Joe Granville.
He pointed out that there’s “smart money” and there’s the public. Imagine a game of cards, there’s the pro card-sharper with the poker face, and there’s you and me, fresh to the table.…

Short selling, as anyone who plays in the arena of the stock market should know, is all about borrowing somebody else’s stock, selling it in the hope that the price will drop, and if it does, buying it back, and pocketing the difference and, of course, returning the stock to its rightful owner.
For some…

No B/S here!
I started being interested in this when confronted with my first wife’s inherited money back in 1959. What happened then is best expressed in a submission I made to the owner of the TC2000 chart service, a gentleman named Don Worden, who published it on November 17. This is what I said.…