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Old August 31st, 2011 #1
littlefieldjohn
Senior Member
 
Join Date: May 2009
Posts: 8,105
Default Real People Say "Screw You" to the Markets

quote

Don't even try to "invest" in this market folks, and if you decide to trade, realize that you're playing in a rigged casino and the entire force of the government is not only behind rigging the casino but explicitly endorses and permits the rigging to go on and continue, despite being fully aware of it.

Remember, "Wall Street is Main Street" to them - and if that means your retirement and investments get destroyed that's just fine provided that big buildings in downtown Manhatten continue to be infested by the thieves guild that pumps tithes into campaign coffers.

Oh, if you think that liquidity was bad, you should have seen it on the release of the speech. There were double-digit bid and offers up and down the stack, and the collapse of about 1% you saw was a direct consequence of an illiquid market. So was the subsequent ramp job, roughly 2% in minutes.

This chainsaw is more than happy to cut your arms and legs off with both sides of the bar. Make sure you thank Congress and our wonderful "President", all of whom are far more interested in making sure that the banksters simply rob you blind than anything else when it comes to the economy. http://www.market-ticker.org/akcs-www?post=193037

Last edited by littlefieldjohn; August 31st, 2011 at 12:52 PM.
 
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