Wednesday, September 30, 2009
Wild Market Volatility and Emotions
The Wall Street Oligopoly (the remaining big I-banks and select large hedge funds who execute trades through those banks) collude and force the market up and down in volatile head-faking intraday swings like today (DOW drops 150 points, then up 165, then down 105, then up 55, closing down -30 points). Talk about a rollercoaster. It's all orchestrated. They want you to be: emotional, confused, and frantic as they make money when you are in this state.
CNBC is a Soap Opera (like the WWF) for the white collar. It's entertainment that wants you to be emotional (remember wall st. makes $ when you are emotional). CNBC constantly creates drama, excitement, entertainment to keep you in an emotional state as this is the best way for Wall St. to take your money (which is why they exist). Look at Creamer (I know Cramer) he is Bozo the Clown for adults. He has bells, he yells, he wears hats (and sometimes costumes), to put you in a state of emotion (so you invest and trade emotionally). Wall St has a more difficult time taking $ from the unemotional detached investor (so CNBC and Wall St don't want you to be unemotional). Maria Bartromo talks orgasmically, Erin looks pretty, Kudlow yells (I can go on); all to distract you and keep you engaged (not detached) so you invest like a frantic idiot so you lose your money. Remember CNBC works for Wall Street, not you.
CNBC is a Soap Opera (like the WWF) for the white collar. It's entertainment that wants you to be emotional (remember wall st. makes $ when you are emotional). CNBC constantly creates drama, excitement, entertainment to keep you in an emotional state as this is the best way for Wall St. to take your money (which is why they exist). Look at Creamer (I know Cramer) he is Bozo the Clown for adults. He has bells, he yells, he wears hats (and sometimes costumes), to put you in a state of emotion (so you invest and trade emotionally). Wall St has a more difficult time taking $ from the unemotional detached investor (so CNBC and Wall St don't want you to be unemotional). Maria Bartromo talks orgasmically, Erin looks pretty, Kudlow yells (I can go on); all to distract you and keep you engaged (not detached) so you invest like a frantic idiot so you lose your money. Remember CNBC works for Wall Street, not you.
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