Replies to post #127593 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Most of the time, internal market forces including liquidity, valuation and future expectations of economic activity mixed with fear and greed dictate the market's direction. IMTO, the fed's intervene directly (or through "agents") only at critical junctures. They have done as much as they can (IMTO) on the monetary side and massive deficit spending is doing a lot on the fiscal side, but these are not necessarily dictated by "market manipulation" and more by trying to avert a major economic catastrophe, prevention of a snow balling effect of an economic slow down and readjustment to excesses of the 90'. In edit out of the bu$$ here at $18.33 a nice little $.78...

[augieboo]

"as usual, like most things in life, the truth always lies somewhere in between the extremists"

Yep.

The market goes up, the market goes down, the market goes up, the market goes down, ad infinitum.... (Generally speaking, over the longggg haul, it does up more than it goes down.)

When it goes up, it tends to go up higher than funnymentals warrant.

When it goes down, it tends to go down lower than funnymentals warrant.

When, on occasion, it goes up really-really-really-really-really much higher than funnymentals warrant, it takes a long time to come back down again, and will usually go up some, from time to time, along the way.

No grand conspiracies

No secret cabals

No "gambits"

Just mass psychology