Re: {OT} Markets are indicating no confidence in stimulus plan

Who did Williams interview in order to come up with these conclusions? There are several thousand mutual funds, some with multiple managers. There are pension fund managers, private capital managers, etc. Let's guess and say there are 250,000 people he could've interviewed to find out what was making them buy, sell or hold investments.

Who did he speak to? How many?

I think they were making news from sister network CNBS Rick Santini put on a show yesterday while the floor of the NYSE and now they are trying to make a rock star out of him now. I hope it happens and he replaces Cramer

I can't think of a simpler way to help you understand that your "JUST ONE REASON" theory of market behavior is nonsense. One day, you'll figure it out, and you'll deny your "JUST ONE REASON" theory even existed, because you're more concerned with saving face than with learning. In other words, you will lie and claim you never held your "JUST ONE REASON" theory.

Only simpletons like you look for "a bounce" in the Dow. Real investors are more interested in specific stocks or sectors which get a bounce for actual reasons related to their business.

"Even so, bargain hunting in the technology sector lifted shares of semiconductor companies, which helped limit the Nasdaq's losses. Intel Corp (NasdaqGS:INTC - News) was among the Nasdaq's standouts, up 1.2 percent at $12.83, along with Intuit Inc (NasdaqGS:INTU - News) which posted a smaller-than-expected drop in quarterly profit. Its stock jumped more than

You still have not shown the evidence necessary to support any of your claims.

Actually the market looks to the future! What investors 'see' down the road in the so called 'stimulus' bill is, the largest spending bill in history, filled NEW government ENTITLEMENT programs that can only lead to more taxes, inflation, regulations, lower profits, a falling dollar, rising imports etc.

BO points to the Interstate Highway system as a 'model' and wants us to think the new spending bill is the same. The IHS was build during a growing world economy and was paid for by user fuel taxes, not by adding nearly a trillion dollars in new government debt, during a world wide downturn

I'm solely in mutual funds at the moment. I told you this yesterday, but something was wrong with you and you missed it.

Furthermore, I do not need to own stocks in order to prove you wrong.

If "investors" (all of them, according to you) have no faith in the legislation, then why are some of them buying stocks?

You keep saying "they" are not buying, but some stocks are going up. Are they going up because people are selling?

That's always what you resort to when you've run out of ideas. Since some stocks are going up, you are wrong, unless you think stocks go up without any buying pressure.

My definition of "buying pressure" meant "someone's buying them". Can they go up without anyone buying them?

I think NO.

Is there an easy way to find out which of these reasons made a stock rise in price?

Someone or something resets their price overnight. Human intervention? Electronic intervention? The prices do not reset without SOME sort of intervention. An idea is not enough.

Look above at the line I typed: "I think NO." That does NOT qualify as turning the question back on him. I answer his question.

Now read more slowly, and stop drooling.

Previous to that confession of yours (Of course people are buying), you said nobody was buying. Make up your mind.

Look at your messages from yesterday, in which you repeatedly said "...they're not buying....".

It doesn't matter if 1 or 5 or 1000 stocks rose in price. Someone's buying, even though Conscience has explained that purchases are not the only factor involved.

OK. Acme Rivet Co. releases a good earnings report. A stock is nothing but a concept of value, held (for the most part) electronically by various market makers. An electronic entity does not rise in price unless there's intervention either by a human who owns shares to sell, or more commonly, a market maker. A computer can't read the contents of a news release in any meaningful way. So, we're back to human intervention once again.

I'm looking for your knowledge on this issue. If I'm wrong about computer records (stocks) determining their own prices, please explain. Not many people hold stocks in certificate form nowadays, so we're just talking about ghosts in a machine.

That's interesting.

I wish there was a way to find out which of the stocks on this list went up in price due to traditional buying, and which went up for the other reason you explained.

Sell low?