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-   -   The "Market"? (http://www.politicalchat.org/showthread.php?t=948)

BlueStreak 02-28-2010 01:54 AM

The "Market"?
 
A question, or two, for ya.

Does the market just magically adjust itself up and down whilst everyone stands at it's mercy? Or, do you think there are people who deliberately manipulate it to acheive economic and/or political ends?

Regards,
Dave

Grumpy 02-28-2010 05:02 AM

There is a couple of ways to take your question. Do you mean, can private business manipulate it ? the gooberment ? The answer imo would be yes on both counts. But not always to predicted results.

merrylander 02-28-2010 07:10 AM

Of course it is manipulated, you must have heard the comment in newscasts "Well the market dropped today due to profit taking". In other words share prices have diddley to do with the corporations worth, just what the Wall Streeters want it to be at.

BlueStreak 03-01-2010 09:10 AM

Quote:

Originally Posted by Grumpy (Post 21207)
There is a couple of ways to take your question. Do you mean, can private business manipulate it ? the gooberment ? The answer imo would be yes on both counts. But not always to predicted results.

Anyone at all. And I'm not so sure about the "predicted results" thing.

Dave

BlueStreak 03-01-2010 09:11 AM

Quote:

Originally Posted by merrylander (Post 21211)
Of course it is manipulated, you must have heard the comment in newscasts "Well the market dropped today due to profit taking". In other words share prices have diddley to do with the corporations worth, just what the Wall Streeters want it to be at.

Precisely.

Dave

noonereal 03-01-2010 10:35 AM

Quote:

Originally Posted by BlueStreak (Post 21206)
A question, or two, for ya.

Does the market just magically adjust itself up and down whilst everyone stands at it's mercy? Or, do you think there are people who deliberately manipulate it to acheive economic and/or political ends?

Regards,
Dave

Is this a serious question?

BlueStreak 03-01-2010 11:29 AM

Quote:

Originally Posted by noonereal (Post 21295)
Is this a serious question?

Kinda.

Just wanted to see if there was anyone among us dumb enough to believe that the market follows the mysterious "market forces" as some would have us believe.

Dave

merrylander 03-01-2010 11:36 AM

It does, those mysterious market forces are commonly known as Goldman Sachs and others of their ilk.

Charles 03-02-2010 08:35 AM

I've noticed that I have a profound effect of the market.

All I have to do is put some funds in it and it drops like a stone.

Chas

piece-itpete 03-02-2010 09:09 AM

LMAO!!!

Pete


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