Tuesday, March 19, 2013
Red-Green head fake
Look at the volume, shrinking as the price goes up, just backwards. WHY?
Typically, stock can be drawn higher futures and options taken on other exchanges to drive them higher, more easily than could be done buying them outright on the Major Exchanges, teasing them, pushing them, leading them higher in uneconomic transactions, that have the Averages then adjust to the higher futures bids. So in fashion of Due Diligence, you ask Qui Bono? or
WHO PROFITS. I cannot say without qualification but I can say, who can afford uneconomic transactions on a running basis as if they could print money to make good their losses? Maybe they can if after you strip away all the straw men, stalking horses and intermediaries, it comes up an outfit with an alphabet for a name. Your money, your due diligence.
Now that the European Central Bank, and the New Zealand Reserve Bank think it OK to make DEPOSITORS pay for bailouts, makes you want to keep your money under the mattress and for sure think twice about LEAVING it in a BANK, other than for a transaction account where the money just visits, never stays, kinda like "Just Visiting" in the Monopoly Game Jail.
Except for that big ramp in 2011 it looks good for 2.5 yrs, now lets drop to 20 yrs.
So now from '93 to '09, pretty much a 12 yr picture of relative stability.
Then it ramps due to crazy considerations but you still got your purchasing power. It may change and when it does, those who use this route, GOLD, will change their tactics too.
No point in wondering what we do, sign up for a free month, and see. No downside for you, unlike banks.