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Fear and Greed

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Platinum Bling
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#2
Fear=Greed x 2. Count on it.

BTW... only one thing matters anymore to the stock market - the Fed.

It is the Greater Fool principle. And the Fed is the greatest fool ever seen.

BTW... could you actually be the Lancers from GIM 1? If so, welcome back! Looks like the same lass in your avatar... a newscaster if I remember correctly.
 

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Platinum Bling
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#4

GOLDBRIX

God,Donald Trump,most in GIM2 I Trust. OTHERS-meh
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#5
Welcome Back.
 

Casey Jones

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#6
"Fear and Greed" are the mark of stupid people. People who don't understand what they are doing and have no moral foundation.

Fear and Greed, is what results from decoupling the market from economic laws, economic fundamentals. Fear and Greed have no place in assessing the worth of a venture that wants capital or the likelihood of ongoing sustenance of an established business.

Fear and Greed, are the result of Financialization. While it destroys the economy through encouragement of malinvestment, by drawing Rent-Seekers, it also destroys the world of stock brokers and asset managers - which used to be legitimate businesses.

It's one more characteristic that proves the economy is well and truly farked.
 

Buck

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#7
Can you measure fear and greed in the stock markets if machines do the vast majority of the trading?
sorta like asking if you can measure fear and greed at the track if the horses are doing all the work

Yep, and sorrow too! Look at the ground as you're leaving the track...that's sorrow scattered about on every one of those tickets...used to be that way, pre-computer, in Wall Street
 

Casey Jones

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#8
sorta like asking if you can measure fear and greed at the track if the horses are doing all the work

Yep, and sorrow too! Look at the ground as you're leaving the track...that's sorrow scattered about on every one of those tickets...used to be that way, pre-computer, in Wall Street
Only for speculators. Speculators only came out just before a slaughter. The late 1920s and late 1960s, two examples.

Where there's what appears to be, easy money, the stupes and sociopaths come out. Leave a $100 bill in the center of a traffic lane on the Interstate, and some imbecile isn't going to be able to weigh his life, against a free hundred. Likewise with Bubble-Mania in the markets.

What's different, is now, this is considered NORMAL. One more characteristic of Financialization. There's no more rational investment because there's no more markets. There are few companies that pay dividends - the few that do, seem to be taken over by operators in LBOs and broken up and sold, the cash assets pocketed.

The current market darlings are WeWork, Tesla, Theranos - stocks that have never been profitable, have no plan to be profitable, are run with incoherent business plans or no business plans. Brothers-in-law as Directors. Banksters, using ZIRP Free Money, buy them, with the expectation they can sell them for more, later. And that's reasonable, since a small crowd of Banksters essentially control the index companies.

Day traders in their underwear in basements, try to ape the Banksters, not understanding how what the Banksters do, works for Banksters. It's a modern Cargo Cult mentality. And day-traders become more poor - and when it is undeniably time to exit, as we saw a month ago, their Robin Hood access portals are suddenly "No service at this time."

That is not a free market, but that does lead to consternation.
 

Scorpio

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#10
nice to see you lhs,

hope all is well,

as for your question, the programmers program their fear and greed into the system,
so yes, it is there, just in a different context IMO
 

EO 11110

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#12
doesnt AI scan the web for sentiment - which then goes into their trading bots?
 

EO 11110

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#13
Just wondering if the equity put call ratio is useful anymore.
i know nothing about that specifically. but the head fakes have grown more numerous over the years -- so cant trust/rely on anything
 

Au-myn

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#14
Well, it has been a long time, Lancers.

Good to see you back. I always enjoyed your conversations and discussions on PM's.