proseadvocate

GE's Selloff and the Market's Complacent Reaction

I liked the article especially the emotional aspect which in truth moves the markets much more than the so-called fundamentals. I would really like to see an article on hedge fund manipulation. My theory is that they are colluding to prop-up an otherwise tanking market, e.g., they get together to have a big up day in the midst of all the downs to try to bolster the hangers on. The idea for hedges was to be long and short and thereby lose less in a losers game, i.e., he who loses least gains the most. Fact is these guys get exorbitant fees for generally being exclusively long stocks, or taking big bets on special situtations. They lose nothing when they lose those bets and the nitwits who pile in are unaware of the risks because there is no disclosure under the rubric of trade secrets. Sounds like the Bush regime to me, and they are both not long for this modern world.