Friday 20 January 2012

Market Morphisms: Pump, Chase, Game and Crush

In every "Market," we have the following ordered morphisms: pump, chase, game, crush. The pumpers are the fraudsters (think of hopium addicts of IPOs and the corporate suits posing as newspersons), the chasers are the ignorant hypnotically susceptible masses (guru devotees, Obama groupies, retail investors and now the new institutional investors), the gamesters are the High Frequency Trading robots (trading at the speed of DARKNESS and taking the mickey out of the chasers), and finally the BONE CRUSHERS (today, this role is played by our Central Bankers, but in the historical record, these were the pinnacle ontogenetic-phyllogenic exemplars of the "killer-same-species" Y-chromosome gene e.g. Ghenghis Khan, King Niall, Nurhaci or was it Giocangga?, King Solomon, President Kennedy. etc.) Our faith in the ATMs working today is in the CB bone crushers and they can't help being what they are. Take care, you all!

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