Jesse Livermore

We intend, therefore, to follow, to sketch some ideas on these actors, ' ' alchemists of the centralization financeira' ' , and ' ' formula of the alchemy of centralization financeira' '. I. THE GNESE AND THE DEBACLE OF THE ALCHEMY OF THE FINANCIAL CENTRALIZATION The maintenance of the quotations of the actions in its possible nominal levels more raised and the maximizao of the flows of shares are characteristic of ' ' Modern form of the Dinheiro&#039 Capital; ' , economic configuration appeared years 1979/1980 after, as is followed: The financial bubble as condition for the growth in ' ' regimen financeirizado' ' The hypothesis supported for Lordon is that ' ' one of the characteristics deepest of bolha' ' she is that this ' ' it left of being one total local aberration, a transitory shunting line, a parenthesis in elapsing of long ago sensible a financial dynamics, to become a permanent character of the regimen of accumulation financeirizado' '. If thus it will be, says Lordon, ' ' it is because the bubble finds the reasons of its indefinite prolongation in the fact to take care of to a functional necessity of this regimen of accumulation and that it considers a solution to one of its contradictions central offices, even so under the disequilibrium form funcional' ' (Lordon, 2000:80). That I know, this position little was argued in public. The Frum could start to attenuate this (17) (grifo and boldface ours). Coincidently, also Jesse Livermore, the North American speculator lendrio that wrote by means of pseudonym the Reminiscncias book of a Financial Speculator (1), workmanship published originarily in 1923, said similar things to mentioned above. In other terms, the speculator celebrity ' ' he said things that can incase done luva' ' , or to complement, to mentioned above, as follows: He has not felt in increasing the prices of the actions to a very high level if you cannot induce the public to take off the actions of its hand later.