Gary Noffke

Look for Market to Soar When Hedge Funds Stop Selling

This was my pick to read from seeking alpha this morning. Good article. Did you notice the gold market yesterday? It was up $30 between nine and ten AM and dropped $30 before one PM. Seems the same major players are buying and selling the same thing every day and taking the profits. If it is legal to do this, it shouldn't be. The same thing is happening with stocks. The general markets move slower than gold, but I suspect if live charts were available to observe a single stock's volume and price, you would find exactly the same thing going on. Small investors can't play this game. This is the first thing that needs to be fixed to stabilize the market. This has run the entire economy down and it seems the SEC, the FED and the US Treasury are encouraging it. It's the greed eating HedgeHogs rather than supply and demand setting value.