Jon Christian Ryter's Conservative World

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From The Mailbag

Since getting the keys to the White House from ACORN 179 days ago, Obama has saddled the Americn people with two trillion, two hundred thirty-nine billion, five hundred million dollars of new debt. That's $12,511,173,156.00 and change per day. I don't think the American people can afford to continue having Obama sponge on the taxpayers of the United States very much longer.

If you're wondering why the market appears to be rebounding, it's because the institutional buyers are "machine buying." The trader on the video says that "...Sixty to seventy percent of the buys being made are being made by high-frequency traders. These are not people. These are machines. They spend the day buying in order to collect liquidity rebates from the exchanges who are in partnership with them. They trade for no fundamental reason. Because we appear to be in a "bullish tape right now, they're all just buying."

Program trading is a way to get the market to go in your direction. This artificially inflates the prices of the stocks. What that means is the rally we've been witnessing for the last several months is, plain and simple, not real.