it is called, with no small contemptuous irony, the "rally."
the market sags upon the news of debt and the likelihood of collapse, and then, there is an announcement of this plan or that plan, or an infusion of cash, and the market "recovers," with news of gains.
it is the rally.
and, it garners fresh cash, good money, as investors come back to the markets with the hope of continued gain.
and, so it goes, in a wave like progression of loss and gain, each cycle gaining new cash. it makes little difference that the paper value of the stocks and other commodities goes up and down, that is simply not relevant in any sense compared to the money in the form of cash and liquidity that comes in.
and, with each cycle it is skimmed, and into the hands of those who control such matters.
related post: http://wintersoldier2008.typepad.com/summer_patriot_winter_sol/2011/12/let-me-explain-how-the-collapse-of-the-euro-union-will-proceed-.html .
the rallies will go on until even the most pollyanna-ish of investors has had it, or, runs out of money. when it reaches a point where such manipulations no longer can attract the fresh money, and it is close to that, as evidenced by the reluctance of anyone to buy government bonds, the whole thing will come to a screeching halt. some will play, however, until the lights are turned out.
john jay @ 12.17.2011
p.s. you have no doubt watched "the world series of poker," and other such televised pap. you know what the real poker players call those amateurs attracted to such tournaments, those who play the side tables to become "qualifiers?"
they call them "hamburger." that's what.
i don't know what those who sit in the chateau's call the rest of us. i don't know the term for "peasants with money." do you?
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