How the big boys always win...

[Fibonacheech]

Not sure if any of you caught the article in Rolling Stone so here is a copy for your reading...

http://www.scribd.com/doc/16763183/TaibbiGoldmanSachs

[Fibonacheech]

Now after reading that... which i might add was from just a week ago.

I submit this:

NYSE Halting DPTR

[name change request]

can you translate what your PDF means for those of us not in that industry

[Fibonacheech]

Aside from the technical jib...

DPTR means 'daily program trading report'

These reports released weekly are designed to show transparency through program trading at the NYSE. It should be no real shocker that GS (Goldman) dominates by trading volume by far... In some cases dominating some 80% of program volume per week.

So in essence the one thing the public should want in this 'new' era of finance, being transparency, is the one thing slowly being sapped away.

But hey... nothing to see here... just keep buying into those great American companies now trading at some 40x-100x earnings.

Fair value must be exiting right along with transparency.

[name change request]

who regulates the NYSE? can they just do it without putting it to a vote?

[Fibonacheech]

The NYSE is itself a company... with obvious rules and regulations stemming from regulations set forth form the government, SEC, etc.

And to be 100% clear. Activity is still monitored... but now it will be watered down and audited much like every other economic indicator that has to pass through the hands of everyone before the public gets to see whatever picture they want to paint. the DPTR was one of the few data points that couldnt be fudged around with.

[Fibonacheech]

Oh... and just for fun.

Google 'NYSE CEO'

See any correlation there?

Nah...

[name change request]

we need to make a new rule for you. you are only allowed to come on here and post hopeful and happy news because you really are a fucking downer man.

[TheAmazon]

the stock market, the greatest rigged casino game evar.

[thumpcbd]

Originally Posted by david austin

Aside from the technical jib...

DPTR means 'daily program trading report'

These reports released weekly are designed to show transparency through program trading at the NYSE. It should be no real shocker that GS (Goldman) dominates by trading volume by far... In some cases dominating some 80% of program volume per week.

So in essence the one thing the public should want in this 'new' era of finance, being transparency, is the one thing slowly being sapped away.

But hey... nothing to see here... just keep buying into those great American companies now trading at some 40x-100x earnings.

Fair value must be exiting right along with transparency.

Along these lines, notice GS disappeard from the weekly Program Trading reports last week?

http://zerohedge.blogspot.com/2009/0...ndustrial.html

[SeedfulMusic]

Originally Posted by TheAmazon

the stock market, the greatest rigged casino game evar.

This "casino" style of wealth managment would be nothing if it were not in fact for the monetary system itself. The issue is not the stock exchange, but the banks and leaders in power who determine who and what "wealth" is. The concept of credit, essentially is debt. And there is far more debt in this world, than there is money to compensate for the debt. Let me ask you this... how is it possible to pay debt off, when there isnt enough money in circulation to pay off the debt. ITS NOT. We are wage slaves infected with debt, in order to keep the balance of power in check. Time for the peasents to react IMO.

[Hey Bubu]

I like most of this guys take on the market and overall economic situation.

http://lifeincorporated.net/

[PETA]

Originally Posted by SeedfulMusic

Let me ask you this... how is it possible to pay debt off, when there isnt enough money in circulation to pay off the debt.

The number of little pieces of green paper is not equal to the amount of wealth/debt. We just use the paper as a convenient medium of exchange representing wealth.

[thumpcbd]

Originally Posted by SeedfulMusic

We are wage slaves infected with debt, in order to keep the balance of power in check. Time for the peasents to react IMO.

Just don't spend more money then you make, or will make in the near future and you will be fine. Let your neighbor spend his/herself into the ground.

[PETA]

Originally Posted by thumpcbd

Just don't spend more money then you make, or will make in the near future and you will be fine. Let your neighbor spend his/herself into the ground.

pftphf[prt[pppp.... huh?

Obama will save us!

Don't listen to this guy... spend as much as you can. Get all the stuff you have coming to you. when you cannot pay your bills declare yourself an auto manufacturer.