There are things that just don't add up...

[Steve_A]

Hi Dantheman62,

This article doesn't cut it for me. It's too ambiguous. Who is the research group? How much higher went consumer confidence? Which part of the economy was stronger (housing, cars, electro-domestics etc.).

Do you remember the interview between Jon Stewart and Jim Cramer? The interview has been removed by Youtube, but can be seen at the following link: http://www.thedailyshow.com/video/in...ited-interview

Basically what Cramer said was that the market is rigged by the short sellers by creating rumours to try and manipulate the market, just as the article does.

Best regards,

Steve

Originally Posted by Dantheman62

NEW YORK (AP) -- Consumers are getting more confident about the economy, and Wall Street is tagging along.

Stocks surged Tuesday, posting their first big win in a week after a research group said consumer sentiment rose in May to the highest level since September. Major stock indicators jumped more than 2 percent, including the Dow Jones industrial average, which added 196 points....

[pyrangello]

Did you ever hear anyone say confusion is good, in business it can be a good thing where you can make tons of money from confusion, it can also go the other way where you can loose too.

Confusion also creates chaos sometimes, Such as the market, lets say everyone's hopes are getting higher now because of this rally, but just as the one guy said on the radio this morning, unemployment is still expected to rise into next year. Am I missing something.

Or when congress approves all this money , and then in the next breath after the money is approved our president comes out and says all this spending is unsustanable ?? WHAT??

Or this memorial day weekend, President Obama praised our vets current and past as the best of the best, then a few weeks ago Napalitano says that vet groups are dangerous??? Am I missing something.

How about the air force one photo in the sky, who made that decision, it created panic?? Mission accomplished on that one.

All I'm saying is our all these things designed to create chaos with people in their lives. I feel we are being tested, our will is being tested and our patience. If the market goes up and then crashes this fall how upset are many that are invested going to be, is that by design too.Did by this upswing of buying low and taking investors for another ride only to see it crash once again and wipe out another wave of money intentional. What are they saying now, 4 trillion worth worldwide. There does seem to be an emotional swing to the market but I don't put much stock in that. , just my 2 cents what do you think??

[futureyes]

Originally Posted by pyrangello

Did you ever hear anyone say confusion is good, in business it can be a good thing where you can make tons of money from confusion, it can also go the other way where you can loose too.

Confusion also creates chaos sometimes, Such as the market, lets say everyone's hopes are getting higher now because of this rally, but just as the one guy said on the radio this morning, unemployment is still expected to rise into next year. Am I missing something.

Or when congress approves all this money , and then in the next breath after the money is approved our president comes out and says all this spending is unsustanable ?? WHAT??

Or this memorial day weekend, President Obama praised our vets current and past as the best of the best, then a few weeks ago Napalitano says that vet groups are dangerous??? Am I missing something.

How about the air force one photo in the sky, who made that decision, it created panic?? Mission accomplished on that one.

All I'm saying is our all these things designed to create chaos with people in their lives. I feel we are being tested, our will is being tested and our patience. If the market goes up and then crashes this fall how upset are many that are invested going to be, is that by design too.Did by this upswing of buying low and taking investors for another ride only to see it crash once again and wipe out another wave of money intentional. What are they saying now, 4 trillion worth worldwide. There does seem to be an emotional swing to the market but I don't put much stock in that. , just my 2 cents what do you think??

what do i think pyrangello ... i think what you think ...

i am feeling more and more the energy of confusion intentionally created ...

the puppeteers i feel are toying with us and it feels much denser ... agendas of their own survival ...

hype us up ... dumb us down ... create economic and financial confusion ... watch us spin ... afterall ... aren't we just sheeple ...

perhaps though ... not the sheeple they bargained for ...

[Dantheman62]

So much for the gain yesterday, LOL, it's all just a game.

NEW YORK (AP) -- Wall Street's rally is going back on hold as investors worry about how much the government is borrowing.

Stocks turned lower Wednesday afternoon, sending major indexes down about 1 percent, after trading mixed earlier. Prices for the benchmark 10-year Treasury note slumped, driving its yield up to 3.66 percent from 3.55 percent late Tuesday.

The drop in bond prices came after a Treasury auction of $35 billion in five-year notes, part of the $101 billion in debt the government is issuing this week.

Traders said that while the auction itself was strong, investors are speculating that demand could weaken as the government issues massive amounts of debt to fund its financial and economic rescue programs.

In addition to raising borrowing costs for the government, rising yields on Treasury debt could hamper an economic recovery since they are used as benchmarks for certain consumer loans such as home mortgages. Higher rates on those kinds of loans could prolong a recovery in the battered housing market.

"Stocks are following bonds," said John Brady, senior vice president of global interest rate products at MF Global. "Will the economy grow and expand vigorously in the face of sustained higher interest rates?"

Stocks had been jittery after a big advance Tuesday. General Motors Corp. said not enough bondholders agreed to swap their debt for company stock, meaning the automaker is almost certainly headed for bankruptcy protection.

GM has until Monday to either finish restructuring outside of court or file for Chapter 11. The announcement dampened the mood of investors who had grown more optimistic about the economy after an upbeat snapshot of consumer confidence fanned the rally Tuesday.

"While consumer confidence looking forward is improving, the reality is the economy is still very weak," said Alan Gayle, senior investment strategist at RidgeWorth Capital Management.

In late afternoon trading, the Dow Jones industrial average fell 107.52, or 1.3 percent, to 8,365.97. The broader Standard & Poor's 500 index fell 9.83, or 1.1 percent, to 900.50, and the technology-laden Nasdaq composite index fell 9.56, or 0.6 percent, to 1,740.87.

http://finance.yahoo.com/news/Slumpi...-15360914.html

[Dantheman62]

Originally Posted by Steve_A

Hi Dantheman62,

This article doesn't cut it for me. It's too ambiguous. Who is the research group? How much higher went consumer confidence? Which part of the economy was stronger (housing, cars, electro-domestics etc.).

Do you remember the interview between Jon Stewart and Jim Cramer? The interview has been removed by Youtube, but can be seen at the following link: http://www.thedailyshow.com/video/in...ited-interview

Basically what Cramer said was that the market is rigged by the short sellers by creating rumours to try and manipulate the market, just as the article does.

Best regards,

Steve

I agree Steve, and yes I remember the interview between Jon and Jim, which was great.
I basically posted it to show that it was BS, but the bottom two sentences kind of explain the volatility of the market.