I've been observing this for some time.
- After a 'down' day in the DJIA, particularly on Fridays just before market close, there is a 'bump' that saves the day.
Sometimes it is subtle, like an 'invisible hand' (pardon me Adam Smith, I could not resist this) waves the worries (and losses) away. OK, swell, but it's more likely the Plunge Protection Team and the FED fiddling with the market.
Today was exceptional, however. Blatant. It's right out in the open for all to see. It is crystal clear that the market is being manipulated. The "fix" is in. The game is "rigged" and Mom & Pop retail investor simply have NO CHANCE against Goldman Sachs, et al (you know, the trading companies that cannot "lose" money in the markets...the ones making money whether the markets go up or go down) who somehow seem to "know" which way to jump every single time. Every time, not just a lot of the time or most of the time...EVERY time.
Unbelievable!
Saturday, 22 May 2010
The "fix" is in....from Rico
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2 comments:
I have been noticing that for weeks, but since I know little about the details of how the market works, I assumed it there was a problem, somebody would have noticed.
Has anybody audited the "stimulus" slush fund lately?
What happens when the slush fund goes dry?
I call this "sending out the golem to buy stocks". Good golem!
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