Little Has Changed with The Execution of Controlled Operations Over Time

The Green Hornet says that the Cabal is working hard, but not making that much headway on the short of the euro play. That is the market saying the Wall Street Cabal covering as they now put their dollar short back on. It is free money when you control communications.

Jim

Jim,

Other than the names pulling the strings, technology used to communicate, very little has changed with the execution of controlled operations over time. Jesse Livermoore often discussed how bear pools controlled or plunged the tape in the days of the ticker tape. Independent thinking remains the only way to ID and defeat controlled operations and trade in sympathy with the secular trends.

This is illustrated by the absolute flushing of the "marks" by the sharks. The operation will weaken and terminate with the consumption of the paper fuel and adaptation to the market conditions by the various trading groups in the coming weeks.

Euro and the Nonreportable Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


Eric

Headlines: Moody's Downgrades Ireland's Debt

Moody's Investors Service Inc. downgraded Ireland's debt to Baa1 from Aa2 Friday, warning the government's financial strength could deteriorate further if economic growth were to miss its projections.

The five-notch downgrade was made as "Ireland's sovereign creditworthiness has suffered from the repeated crystallization of bank-related contingent liabilities on the government's balance sheet," said Dietmar Hornung, vice president, senior credit officer at Moody's.

Source: online.wsj.com