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Re: S&P moves Ford deeper into junk
In article <43C49861.4050008@your.disposal>, Wound Up
<none@your.disposal> wrote:
> >
>
> It is, but as I said, some of it is truly automatic. This is true with
> commodities and debentures as well. "Sell / buy at xxx". They may have
> a man on the floor, but that's what role he's fulfulling. There is an
> agenda behind it but a lot of it these days is simple butt-covering and
> profit-taking when things tick upwards for a bit. "Shit, I can make
> five grand in five minutes, why not" and the stock may close dead even.
OK, let me try this again. It cannot be truly "automatic". The stock
market is not a living breathing thing. Look how long it's been around,
and look how long people have actually that of it as a living breathing
thing. Think, Jason. Who is in the back room entering numbers and
telling it what to do? Who was doing that since its inception? How can
people put there money in a system run every day by those who want
their pockets lined?
--
Spokesmodel for Arrogant Bastard Ale
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