In “De Tranen van de Krokodil” (translates as: “The Crocodile’s Tears”), the psychologist Piet Vroon wrote that our behaviour is often rather irrational because our brains were built up layer by layer in the course of our evolution. These layers don’t always collaborate properly, which sometimes even leads to a kind of short-circuit in the brain. With the help of computational science, it is possible to prevent the same occurring in complex layered systems such as a grid. http://tinyurl.com/l33f5v

http://bit.ly/12kH0r

No I havn’t red it but I quess you’ve trigered me to make my Summer Must Read Book Tips:

SUMMER BOOKTIP: Trading with the Enemy: Seduction and Betrayal on Jim Cramer’s Wall Street by Nicholas W. Maier ISBN: 0-06-008651-3 Preview: Chapter One http://www.wnyc.org/books/3493

I recently got a Book Tip about Human Genetic History from P. A. Vroon Tranen van de krokodil (Crocodile Tears, 1989) http://www.nlpvf.nl/basic/auteur1.php?Author_ID=72

Another very interesting book rom Piet Vroon;
Smell: The Secret Seducer http://www.nlpvf.nl/book/book2.php?Book=68

At Amazon Smell: The Secret Seducer by P. A. Vroon http://www.amazon.com/Smell-Secret-Seducer-P-Vroon/dp/0374257043/ref=ntt_at_ep_dpi_1

SUMMER BOOKTIP: Trading with the Enemy: Seduction and Betrayal on Jim Cramer’s Wall Street by Nicholas W. Maier ISBN: 0-06-008651-3 Preview: Chapter One http://www.wnyc.org/books/3493

Must listen … reminds me of everything Max keeps on saying !

LOL !
But .. what’s good about that, the poor guy is soooo small !

I promise less silly posts, but here you have a clear example of the positive side of inflation..

http://tinyurl.com/nyak4k

Have you noticed that many penny Biotechs have been raising ( yet again ) cash for shares, i.e. dilution !
OK, I suppose it’s to be expected in that these are almost zero-revenue with ongoing R&D operatiosn like GNVC, GNBT.

A good way to check how “badly” a stock is being manipulated is to watc the Yahoo Finance message boards. If you see loads of bashers or pumpers, it normally means a HF is employing the boiler-room guys to move the share price via emotions.

Many people don’t believe that these boiler-rooms actually exist. They do .. I actually saw an Advert , some Co. looking for people to do exactly that ! The Ad was on a well respected MSG-board, I forget which , and I saw it many years ago.

I repeat, buying stocks is pure gambling on WS.

In Richard Bookstabers book “A Demon of our own Design”, he basically said the same and warned retail investors to ONLY trade Indices, because stocks are totally manipulated and the small guy will get burned badly.
FWIW

PS:
Bookstaber invented many of the derivative instruments and worked for most big names at some stage . He even mentioned a department I used to work in ( software development ).

You guys obviously have NOT read “Trading with the enemy” from 2002.

http://www.amazon.com/Trading-Enemy-Seduction-Betrayal-Cramers/dp/0060086513/ref=sr_1_2?ie=UTF8&s=books&qid=1246515573&sr=1-2

… ” This is a true insider’s story — an honest, raw, page-turning account that takes us on a journey through the volatile, anything-goes world of hedge funds. From Cramer & Company to the brokerage houses and analysts to the reporters who cover the market action, we are shown a Wall Street where almost everyone is dirty — a world where even the SEC fails to maintain order.

At the heart of this narrative is an incredible character study of Jim Cramer, one of Wall Street’s brightest stars. Employing any means possible to make money, Cramer engaged in brilliant but questionable strategies that danced on the edge of ethics and legality. A typical day inside the fund would begin with Cramer’s declaration, “I love the smell of money in the morning,” followed by a boom-box serenade of Coolio’s “Gangsta’s Paradise.” At the first sign of trouble, however, Cramer would turn paranoid and vicious, smashing phones and computer monitors and screaming insults that would leave even the toughest employees in tears.

In the tradition of Liar’s Poker, this fascinating account of greed and excess on Wall Street will inevitably force the business world to reassess itself through the story of one young man who walked away from it all.

About the Author
Nicholas W. Maier began working for Jim Cramer of Cramer & Company in 1994. He spent the next five years with the hedge fund, during which time he started writing. He lives in New York City. “…

The book said that Cramer would phone Maria and feed her with some information on a particular stock, and then do the opposite once people buy or sell it.

RE: Obscene Share-Price Spikes with no NEWS

Same shit on the TSX, too…

Lately it’s been companies involved with REE’s (Rare Earth Elements)
probably becuz of Jim Dines…
(he seems to have a cult following)

although, with the SUB-PAR Volume as of late,
it’s practically only MARKET MAKERS that are creating any action…
(especially CIBC with their strings of orders for 500 shares… who the fuck buys and sells like that on PENNY STOCKS other than Market Makers?!?!?!)

Thankfully,
it APPEARS that we don’t have the GOLDMAN SUCKS Black Box problem in Canada yet….
maybe on the Large Caps, but I stay away from those…
(mainly becuz I can’t afford to play in that sandbox)

I have been witnessing a similar trend with two companies that I hold stock in on the ASX. A sudden increase with no company announcements. Both companies were queried by the ASX to which they both replied “I don’t know why the share price has witnessed such sudden gains” Again, as with your story they dropped back down a bit and now they are moving up and down daily with no spkies or “paint” at least so it seems.

“Trust nothing of what you hear and only half of what you see.” an old NY Jew. (my ex father in law) taught me this one.

U.S. Diesel Stockpiles Rose 28% in 6 months, the highest in at least 16 years, signaling fewer deliveries need.

Diesel fuel for delivery at New York Harbor fell an astonishing 56 % in the year ending in May!

FROM: U.S. Diesel Supply Climbs as Goods Orders Slip: Chart of Day (Bloomberg) http://tinyurl.com/lvdg6n

http://www.nytimes.com/audiopages/1957/07/04/national/19570704_KENNEDY_AUDIO.html?_r=1

round and round we go

JP Morgan 45 million euro Hidden Derivative Commisions Fraud!

JPMorgan Chase & Co, UBS AG, Deutsche Bank AG and Depfa Bank Plc which are under investigation for fraud over derivatives sold to Milan. The banks defrauded the city by misleading it on the economic advantage of the financing, and hid their commissions on the derivatives.

JPMorgan charged about 45 million euros in commissions that were hidden from the municipality, while Deutsche Bank made about 25 million euros, Depfa 21 million euros and UBS 10 million euros, court documents show.

http://www.bloomberg.com/apps/news?pid=20601085&sid=ai_P0zI5a3es