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02-28-2010, 01:54 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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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
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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02-28-2010, 05:02 AM
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Administrator
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Join Date: May 2007
Posts: 1,943
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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.
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02-28-2010, 07:10 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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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.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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03-01-2010, 09:10 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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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.
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Anyone at all. And I'm not so sure about the "predicted results" thing.
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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03-01-2010, 09:11 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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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.
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Precisely.
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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03-01-2010, 10:35 AM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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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
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Is this a serious question?
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03-01-2010, 11:29 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by noonereal
Is this a serious question?
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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
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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03-01-2010, 11:36 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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It does, those mysterious market forces are commonly known as Goldman Sachs and others of their ilk.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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03-02-2010, 08:35 AM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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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
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03-02-2010, 09:09 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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LMAO!!!
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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