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Rt.66
ParticipantConspiracy To Hide Bubble-Formation
In yet another move to make a mockery of so-called market transparency, and again with mad props to Zerohedge, we have this:
The Exchange has filed with the SEC to implement the decommissioning of the DPTRrequirement following the July 10, 2009 trade date. Accordingly, the last required submission of the DPTR will be on July 14, 2009, which is the second business day after the last trade date for which the DPTR is required.
Go read the entire Zerohedge article; what this means, in short, is that the ability of people (like you and I) to see the fact that a handful of banks, most specifically Goldman Sachs, constitute the majority of NYSE trading volume – and they’re trading for their own book, not for customers, will no longer be disclosed.
This “back and forth trade” between a handful of institutions is nothing more than the old “pump and dump” game that has been played in the OTC market forever – and almost always screws the individual investor.
This is no different than you and I selling a house back and forth between us repeatedly, each time at a higher price. We both appear to be geniuses as we’re both making a “profit”, right?
Well, no. One of us is destined to take a horrifying loss if we do not find a sucker to make the final transaction with.
http://market-ticker.denninger.net/archives/1176-Conspiracy-To-Hide-Bubble-Formation.html
————–Your goal is to not be the final transaction.
Rt.66
ParticipantConspiracy To Hide Bubble-Formation
In yet another move to make a mockery of so-called market transparency, and again with mad props to Zerohedge, we have this:
The Exchange has filed with the SEC to implement the decommissioning of the DPTRrequirement following the July 10, 2009 trade date. Accordingly, the last required submission of the DPTR will be on July 14, 2009, which is the second business day after the last trade date for which the DPTR is required.
Go read the entire Zerohedge article; what this means, in short, is that the ability of people (like you and I) to see the fact that a handful of banks, most specifically Goldman Sachs, constitute the majority of NYSE trading volume – and they’re trading for their own book, not for customers, will no longer be disclosed.
This “back and forth trade” between a handful of institutions is nothing more than the old “pump and dump” game that has been played in the OTC market forever – and almost always screws the individual investor.
This is no different than you and I selling a house back and forth between us repeatedly, each time at a higher price. We both appear to be geniuses as we’re both making a “profit”, right?
Well, no. One of us is destined to take a horrifying loss if we do not find a sucker to make the final transaction with.
http://market-ticker.denninger.net/archives/1176-Conspiracy-To-Hide-Bubble-Formation.html
————–Your goal is to not be the final transaction.
Rt.66
ParticipantConspiracy To Hide Bubble-Formation
In yet another move to make a mockery of so-called market transparency, and again with mad props to Zerohedge, we have this:
The Exchange has filed with the SEC to implement the decommissioning of the DPTRrequirement following the July 10, 2009 trade date. Accordingly, the last required submission of the DPTR will be on July 14, 2009, which is the second business day after the last trade date for which the DPTR is required.
Go read the entire Zerohedge article; what this means, in short, is that the ability of people (like you and I) to see the fact that a handful of banks, most specifically Goldman Sachs, constitute the majority of NYSE trading volume – and they’re trading for their own book, not for customers, will no longer be disclosed.
This “back and forth trade” between a handful of institutions is nothing more than the old “pump and dump” game that has been played in the OTC market forever – and almost always screws the individual investor.
This is no different than you and I selling a house back and forth between us repeatedly, each time at a higher price. We both appear to be geniuses as we’re both making a “profit”, right?
Well, no. One of us is destined to take a horrifying loss if we do not find a sucker to make the final transaction with.
http://market-ticker.denninger.net/archives/1176-Conspiracy-To-Hide-Bubble-Formation.html
————–Your goal is to not be the final transaction.
Rt.66
ParticipantConspiracy To Hide Bubble-Formation
In yet another move to make a mockery of so-called market transparency, and again with mad props to Zerohedge, we have this:
The Exchange has filed with the SEC to implement the decommissioning of the DPTRrequirement following the July 10, 2009 trade date. Accordingly, the last required submission of the DPTR will be on July 14, 2009, which is the second business day after the last trade date for which the DPTR is required.
Go read the entire Zerohedge article; what this means, in short, is that the ability of people (like you and I) to see the fact that a handful of banks, most specifically Goldman Sachs, constitute the majority of NYSE trading volume – and they’re trading for their own book, not for customers, will no longer be disclosed.
This “back and forth trade” between a handful of institutions is nothing more than the old “pump and dump” game that has been played in the OTC market forever – and almost always screws the individual investor.
This is no different than you and I selling a house back and forth between us repeatedly, each time at a higher price. We both appear to be geniuses as we’re both making a “profit”, right?
Well, no. One of us is destined to take a horrifying loss if we do not find a sucker to make the final transaction with.
http://market-ticker.denninger.net/archives/1176-Conspiracy-To-Hide-Bubble-Formation.html
————–Your goal is to not be the final transaction.
Rt.66
ParticipantPreconceived ideas and opinions and preferences flavor our lives on so many levels.
When I drive a US car/rental, I am usually impressed and proud of the job we do. But I look for the positives and it flavors my thoughts on the car.
When I drive any foreign car I too often find myself looking for chinks in the armor, and it’s not hard to find them if you look, these are machines and no machine made up of thousands of moving parts costing just $20k is going to be perfect.
I try to step back from making comments slamming imports, I know my opinion is biased. I also know that every new car sold in the US is remarkably reliable and drivable. I try not to let my prejudices lead me to making outrageous statements to win people over.
If you and I drove a Honda back to back, made notes and then compared our experiences they would be obviously vastly different , but I guarantee you’d not be able to discount the faults I observed how ever small, because they exist in all machines if you want to nit-pick.
No need for me to say “Honda’s suck, buy American”, that’s silly, Honda’s don’t suck niether do Chevys.I know I could buy a Honda, Chevy, Dodge or Hyundai and with proper maintenace likely go 100k miles with very little or no problems and then onto 200k with care and some repairs.
I like to focus on the fact that I can chose to buy American and reduce our deficit, keep money circulating in OUR country and support a maximum amount of my fellow workers, all the while not giving up anything substantial in any reasonable person’s book.
Why try and make any of them look like shitty choices, unless you are feeling guilty about something?
Rt.66
ParticipantPreconceived ideas and opinions and preferences flavor our lives on so many levels.
When I drive a US car/rental, I am usually impressed and proud of the job we do. But I look for the positives and it flavors my thoughts on the car.
When I drive any foreign car I too often find myself looking for chinks in the armor, and it’s not hard to find them if you look, these are machines and no machine made up of thousands of moving parts costing just $20k is going to be perfect.
I try to step back from making comments slamming imports, I know my opinion is biased. I also know that every new car sold in the US is remarkably reliable and drivable. I try not to let my prejudices lead me to making outrageous statements to win people over.
If you and I drove a Honda back to back, made notes and then compared our experiences they would be obviously vastly different , but I guarantee you’d not be able to discount the faults I observed how ever small, because they exist in all machines if you want to nit-pick.
No need for me to say “Honda’s suck, buy American”, that’s silly, Honda’s don’t suck niether do Chevys.I know I could buy a Honda, Chevy, Dodge or Hyundai and with proper maintenace likely go 100k miles with very little or no problems and then onto 200k with care and some repairs.
I like to focus on the fact that I can chose to buy American and reduce our deficit, keep money circulating in OUR country and support a maximum amount of my fellow workers, all the while not giving up anything substantial in any reasonable person’s book.
Why try and make any of them look like shitty choices, unless you are feeling guilty about something?
Rt.66
ParticipantPreconceived ideas and opinions and preferences flavor our lives on so many levels.
When I drive a US car/rental, I am usually impressed and proud of the job we do. But I look for the positives and it flavors my thoughts on the car.
When I drive any foreign car I too often find myself looking for chinks in the armor, and it’s not hard to find them if you look, these are machines and no machine made up of thousands of moving parts costing just $20k is going to be perfect.
I try to step back from making comments slamming imports, I know my opinion is biased. I also know that every new car sold in the US is remarkably reliable and drivable. I try not to let my prejudices lead me to making outrageous statements to win people over.
If you and I drove a Honda back to back, made notes and then compared our experiences they would be obviously vastly different , but I guarantee you’d not be able to discount the faults I observed how ever small, because they exist in all machines if you want to nit-pick.
No need for me to say “Honda’s suck, buy American”, that’s silly, Honda’s don’t suck niether do Chevys.I know I could buy a Honda, Chevy, Dodge or Hyundai and with proper maintenace likely go 100k miles with very little or no problems and then onto 200k with care and some repairs.
I like to focus on the fact that I can chose to buy American and reduce our deficit, keep money circulating in OUR country and support a maximum amount of my fellow workers, all the while not giving up anything substantial in any reasonable person’s book.
Why try and make any of them look like shitty choices, unless you are feeling guilty about something?
Rt.66
ParticipantPreconceived ideas and opinions and preferences flavor our lives on so many levels.
When I drive a US car/rental, I am usually impressed and proud of the job we do. But I look for the positives and it flavors my thoughts on the car.
When I drive any foreign car I too often find myself looking for chinks in the armor, and it’s not hard to find them if you look, these are machines and no machine made up of thousands of moving parts costing just $20k is going to be perfect.
I try to step back from making comments slamming imports, I know my opinion is biased. I also know that every new car sold in the US is remarkably reliable and drivable. I try not to let my prejudices lead me to making outrageous statements to win people over.
If you and I drove a Honda back to back, made notes and then compared our experiences they would be obviously vastly different , but I guarantee you’d not be able to discount the faults I observed how ever small, because they exist in all machines if you want to nit-pick.
No need for me to say “Honda’s suck, buy American”, that’s silly, Honda’s don’t suck niether do Chevys.I know I could buy a Honda, Chevy, Dodge or Hyundai and with proper maintenace likely go 100k miles with very little or no problems and then onto 200k with care and some repairs.
I like to focus on the fact that I can chose to buy American and reduce our deficit, keep money circulating in OUR country and support a maximum amount of my fellow workers, all the while not giving up anything substantial in any reasonable person’s book.
Why try and make any of them look like shitty choices, unless you are feeling guilty about something?
Rt.66
ParticipantPreconceived ideas and opinions and preferences flavor our lives on so many levels.
When I drive a US car/rental, I am usually impressed and proud of the job we do. But I look for the positives and it flavors my thoughts on the car.
When I drive any foreign car I too often find myself looking for chinks in the armor, and it’s not hard to find them if you look, these are machines and no machine made up of thousands of moving parts costing just $20k is going to be perfect.
I try to step back from making comments slamming imports, I know my opinion is biased. I also know that every new car sold in the US is remarkably reliable and drivable. I try not to let my prejudices lead me to making outrageous statements to win people over.
If you and I drove a Honda back to back, made notes and then compared our experiences they would be obviously vastly different , but I guarantee you’d not be able to discount the faults I observed how ever small, because they exist in all machines if you want to nit-pick.
No need for me to say “Honda’s suck, buy American”, that’s silly, Honda’s don’t suck niether do Chevys.I know I could buy a Honda, Chevy, Dodge or Hyundai and with proper maintenace likely go 100k miles with very little or no problems and then onto 200k with care and some repairs.
I like to focus on the fact that I can chose to buy American and reduce our deficit, keep money circulating in OUR country and support a maximum amount of my fellow workers, all the while not giving up anything substantial in any reasonable person’s book.
Why try and make any of them look like shitty choices, unless you are feeling guilty about something?
Rt.66
ParticipantI wish more people would include the ability to pay off the house in 10 years as a prerequisite to purchasing.
We would all be better off not enriching bankers anymore than we have to. Good plan!
Rt.66
ParticipantI wish more people would include the ability to pay off the house in 10 years as a prerequisite to purchasing.
We would all be better off not enriching bankers anymore than we have to. Good plan!
Rt.66
ParticipantI wish more people would include the ability to pay off the house in 10 years as a prerequisite to purchasing.
We would all be better off not enriching bankers anymore than we have to. Good plan!
Rt.66
ParticipantI wish more people would include the ability to pay off the house in 10 years as a prerequisite to purchasing.
We would all be better off not enriching bankers anymore than we have to. Good plan!
Rt.66
ParticipantI wish more people would include the ability to pay off the house in 10 years as a prerequisite to purchasing.
We would all be better off not enriching bankers anymore than we have to. Good plan!
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