Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Saturday, July 19, 2014

The smart money has already left the building

Bagholder: "a bagholder is a shareholder left holding shares of worthless stocks"

Distribution

"Distribution in the stock market refers to the increased selling of stock by large institutions. "

Institutions sell when they can, not when they have to i.e. when the usual bagholders show up in size. The last time money flow disconnected from the direction of the market was right before the Flash Crash in May 2010 (see below). Of course, that was a much smaller disconnect.

Chaikin Money Flow (weekly)