Thursday, January 12, 2012

January is nearly half over............

It's been a "more-of-the-same" start to the trading year.  Watching paint dry might be more exciting.

I think the trend in gold has reversed and the miners should participate.  We'll see.  The bots trading against bots is nothing the SEC or NYSE want to address in an election year and there's too much money involved to do anything for the American public.   Watching all the zombies on CNBC talk about earnings, sovereign countries, Fed policy, tax structure, fundamentals, market share, revenue growth,  this was important stuff once upon a time but no longer, not with over 80% of trades being bot trades. Prices and volume are being manipulated by bots. Just fire all the humans on CNBC and flash computer code across the screen all day. The equity markets are dead. The sad reality is that our SEC has no interest in touching this problem.   Let the last algo turn itself off when the ponzi is done.

Reading about the implosion of so many hedge funds is getting old.  It's funny how many funds call themselves hedge funds when there isn't hedging but rather a single leveraged punt. 

I have a very busy weekend ahead of me and hope you do to.  Living in America we have so much to be thankful for and so many to help.  I thought I would share this video so that you may share it.  


No comments:

Native American Advisors CHIPPEWA PARTNERS

My photo
CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173