Wednesday, 29 July 2009

Trader on Bloomberg says Markets are Manipulated and Volumes 'Ficticious'.



The bottom line is that the fundamentals of the US economy show that things are not improving. The stockmarket has always had a strong element of psychological feeling driving the prices. With the current trading manipulations we are seeing a false rise in stock values. Eventually reality will catch up and continued company losses and bankruptcies will inject a harsh dose of reality into the equation.

If you are buying stock, look towards defensive investments, and keep a cash reserve. Hedge yourself.

[Posted at the SpookyWeather blog, July 29th, 2009.]

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