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claydoctor
Dec 9, 2014 11:15 AM

Want proof the markets are artificially manipulated?  Short

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When we have a free market...free of government, central banks, and regional bank manipulation, DRY SHIPS represents the economy which should be linked to market performance. This is 2008 and now for dryships and its relationships to some of my radar screen indicators. Can you say Dejavu, with one exception, stock markets, IWM to be specific, but throw the rest of them in this basket too. Everything else acting just as it did before the big crash of 2008 EXCEPT THE STOCK MARKETS. Even the indicators are almost exactly right on! But IWM has stayed flat, while in 2008 it crashed with the rest of them, even the dollar heading up, and then falling after the low. If dryships can be trusted, based on indicators, and looking left to be right applies here, then time to go long (short term bump ahead - then back down to the March 2009 lows) dryhsips for sure. As for the other players. With stocks so out of skew here, they can't be trusted. What's different... low rates, QE, borrow, print, stock buy backs, fire people, trim the fat without conscience, move corporates to tax friendly countries, implement technology to replace workers, save energy at all costs, eliminate CUSTOMER SERVICE, no home equity ATM, m&A, just about anything you can think of to be profitable. There is a lot different now than in 2008. BUT... the charts are the same except for one thing, the markets. I smell rats. Can everything else bounce here, and the markets extend their artificial bull run? Can the others reset without the markets resetting? Is this the new normal? Will the FED be elliminated? If the markets finally crash here big time, and their experiment fails, they will. But if we bounce here, well, we are not in Kansas anymore Dorothy. Short term, I expect at least more volatility, and a reactionary dip, but after that, who knows?
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