***Now, Dow Jones owns the people’s homes
and all the surrounding land
Buying and selling their humble dwelling
in the name of the Master Plan***
The Last Poets ♦ E Pluribus Unum
How can you talk Hip Hop or Rhythmic American Poetry without giving a head nod to the rapper predecessors Last Poets? Modern Rhythmic poetry owes a big debt of gratitude to these brothers. Here BPM is reminded that the market while moved by the occasional irrational exuberance of the common investor is more likely subject to the will of the institutional investor. The hedge, mutual, and pension funds are making those monumental volume swings. Don’t forget that. The reality is that you have to keep tabs on what the big boys do because you do not have access to all the information that they do.
In the perfectly elastic market, players have perfect knowledge. Not in the real world. You can be hooked up to a Bloomberg terminal or investor wire but not ever have all the information that you need. Your little bundle is just a pittance in the big waves of the ocean. And those waves are created by not just the ocean liners, but the moon as well.
- WATCH THE MOVES OF THE INSTITUTIONAL INVESTOR
- YOU MAY HAVE GOOD KNOWLEDGE, BUT NO ONE HAS PERFECT KNOWLEDGE