
CrazyOldCoot - Marching to Another Beat
86 posts

CrazyOldCoot - Marching to Another Beat
@TruDatBat
Younger than dirt.









Thanks for the great question, Rick. I never pay attention to buying/selling volume in the market - in my view it has no real meaning. First, selling volume always equals buying volume and vice versa - every seller has a buyer, every buyer has a seller. Second, when you see a spike in market turnover, it can really mean only one thing - either cascading liquidations kicked in (forced closing of long positions when the market moves down), cascading buying kicked in (forced closing of short positions when the market moves up) or it’s just plain panic / FOMO among retail investors overdosed on the news flow. I see no point in analyzing random events and/or crowd psychology manipulated by a high-level media machine represented by @jimcramer, @CNBC, @WSJ, @FT, @Bloomberg, @Investingcom, along with mindless bloggers on @X and @YouTube spreading panic/euphoria. Now about selling. Do you see how algorithms buy every red day like yesterday? That’s exactly when the selling happens - from those who are the beneficiaries of these trading algorithms. What happens once they reach the levels predefined by the program? Buyers simply disappear from the order book and if a sharp and fast pullback is needed, they’ll additionally push news through the distribution network mentioned above.


















If it wasn't for rightwing lawyers, Trump wouldn't have been on the ballot in 2024, the Ninth Circuit would still be an leftist law factory, Roe would still be law, Chevron would still be law, discrimination against Whites would still be legal at universities, COVID vaccine mandates would still be valid, Bruen wouldn't exist, and that's just off the top of my head in the past ~8 years. I understand that decades of GOP ineptitude have frustrated y'all. I understand that you feel the Courts move too slowly and are not always right. I understand that COVID burned everyone's trust in professionals of any kind. But this is infantile. It is whining for its own sake about a profession you don't even understand. Rightwing legal movements are the only ones accomplishing anything at all outside of Trump himself, and Trump's alliance with key rightwing legal movements is a massive element of his success and a massive element of their success. Where were the oil workers during the COVID vax mandates? Taking the shots and getting back to work. Where were the truckers during the COVID vax mandates? They took their specific exemption bribe and left you all to dry. Where were the steelworkers? The miners? The carpenters and contractors? Sheepishly complying or trying to find work that was exempt. Where were the lawyers? In Court, fighting to protect your freedom from compulsive participation in medical experiments. There is not a single class in America that has accomplished more for the American people in the past decade than rightwing lawyers. If you feel like they aren't doing enough, go to law school and get into the fight yourself.






