The collision of global markets and social mood

Wednesday, May 25, 2011

More Unexplained Overnight Action

Yet more chaos occurred in the overnight session. But it was completely reversed by morning. I smell a rat.

S&P futures plunged to 1302.25 and reversed. The US dollar was higher and the Euro, Canadian, British, and Australian currencies were getting hit hard. Waking up this morning it was a bright new day as if nothing happened.

I don't trust it. I don't buy it. And I have no idea what is means.

Today at least, it doesn't matter. I will not be trading. I will be heading to San Antonio to have another round of mercury fillings replaced. I hope the after effects are better this time, but I guess I won't know until tomorrow. That's a weird feeling, as if I'm knowingly heading into a bad storm, but I have faith in the outcome.

I have less and less faith in the markets. Speculation is becoming a bad word. Globalists and socialists hate it. Soon it may be open season on the trading business when instead it should be open season on the biggest manipulators of all.

Globalists and socialists.

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