So what is our infallible stock-market bellwether saying at the moment?
Anyone can see that the pederasts and grifters who manipulate Microsoft shares for a living have been working overtime to distribute the stock to rubes, widows and pensioners. This is accomplished almost solely by squeezing shorts on the opening bar. The thieves first pull their bids and let the stock fall until sellers are exhausted. Then, on the opening bell, with few shares in supply and bears’ testicles firmly in hand, They run the stock up the old wazoo. The gap-up openings that result demonstrate the ‘wealth effect’ operating at its sleaziest and most delusional, since the stock leaps to new, unearned heights with practically no shares changing hands. That is how bull markets are engineered, pushing them ever higher with little or no bullish buying. We don’t count share buy-backs because that’s just an accounting ruse designed mainly to enrich corporate officers. My guess is that the current psychotic run-up in the world’s third-biggest stock will seven-out either at current levels (446) or near 462.11, a ‘voodoo’ number. Using a small-pattern trigger, MSFT can be shorted in either place with entry risk held to literal pennies per share.
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