The "Market"?

BlueStreak · #1 02-28-2010, 01:54 AM

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 · #2 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 · #3 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 · #4 03-01-2010, 09:10 AM

Quote:

Originally Posted by Grumpy

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 · #5 03-01-2010, 09:11 AM

Quote:

Originally Posted by merrylander

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 · #6 03-01-2010, 10:35 AM

Quote:

Originally Posted by BlueStreak

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 · #7 03-01-2010, 11:29 AM

Quote:

Originally Posted by noonereal

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 · #8 03-01-2010, 11:36 AM

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

Charles · #9 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 · #10 03-02-2010, 09:09 AM

LMAO!!!

Pete