Stock market is ultimately run on confidence.
high level people can create a bear market with just a spoken word at the right time (or bull). Ultimately if they are airing loudly prominent people saying the market is about to tank, it becomes a self fulfilling prophecy.

So, why does this guy want the market to go down is the question...who is he helping (alternatively, who is he hoaxing).

The market is a very complex system, but the bigger picture shows its not that complex..its imaginary..and if you add in the overtone of a nightmare, the illusion does indeed become a nightmare...not because of some complex mechanics doing so, but because the suggestion is there.

Now, the better question is, does the stock market effect main street? they keep telling us it does, but I have yet to see it (positive effect anyhow when it does well) in the past 10 years.

Seems like alot in my opinion. I'm in the Hydraulic / Pneumatic distribution
business which primarily focuses on Oil and Gas industry (halliburtons, caterpillar, etc) Food and Beverage
Industry, etc and it BOOMING. In addition to that everyone I talk to in my personal life
seems to be telling me the same thing. Companies are hiring and buying.... I don't know, I personally
thinks 2012 is going to be a good year. 2013-2014 is where I think the downturn will be. Our business tends
to "rock-n-roll" for 5-7 years and then we have a year like 2008 which sucked very bad, but always bounces back. I was talking to my boss who has been in this business for 60 years says this has been the routine since he's been doing. 5-7 years of record setting numbers, then 1 - 1 /2" years of not making crap and the bottom dropping out......but always rebounds. I don't know.

Originally posted by SOUTH44
Seems like alot in my opinion. I'm in the Hydraulic / Pneumatic distribution
business which primarily focuses on Oil and Gas industry (halliburtons, caterpillar, etc) Food and Beverage
Industry, etc and it BOOMING. In addition to that everyone I talk to in my personal life
seems to be telling me the same thing. Companies are hiring and buying.... I don't know, I personally
thinks 2012 is going to be a good year. 2013-2014 is where I think the downturn will be. Our business tends
to "rock-n-roll" for 5-7 years and then we have a year like 2008 which sucked very bad, but always bounces back. I was talking to my boss who has been in this business for 60 years says this has been the routine since he's been doing. 5-7 years of record setting numbers, then 1 - 1 /2" years of not making crap and the bottom dropping out......but always rebounds. I don't know.

A relative of mine is in mining, he has indicated that EVERYTHING they pretty much produce is being bought by China, and no one else. Kodak is going [belly] up, etc ... I don't see things as getting better...

This is the calm before the PERFECT STORM RIPS everything apart!!! Hell, today was the lowest NYSE volume of the year (-24% from Friday - OPEX). It was also the lowest non-holiday-period volume in 9 years based on Bloomberg's NYSEVOL data.

If you're hearing this on Mainstream Media I'd bet things go the other way. It's when they are bullish on the market that I think things will drop. That's been the MSM pattern. Don't forget that a mere 5 companies own the worlds media. They won't let the markets get scared if they won't gain by it. This year may be volatile, but TPTB still have things under their thumb for now. I'd agree we still have a year or 2 before we really hit the skids.

Granville mentions the low volume of trading. Low volume trading means the big boys can more easily affect the market with their own moves since it takes less money on low volumes to effect a change upward.

It seems everybody is hopping on the "Bad News" bandwagons these days because it drives big sales of newsletters and investment funds. Don't get me wrong. Things are bad, and this summer might be the start of the real leg up for gold/silver, but we've got some slack in the rope before we hang ourselves.