Skip to comments.Prove market is manipulated - post stocks NOT falling hard today!
Posted on 09/22/2011 6:11:44 PM PDT by MeneMeneTekelUpharsin
Post stocks which didn't fall dramatically today.... if we were REALLY having a market crash, everything across the board would fall.
Example... Auto Zone Inc. (AZO) -- only went down about $6 per share from $322...not much of a crash there...regular fluctuations. Must be hundreds of others just like it.
The markets are nothing but pure manipulation.
I’m not sure I follow the logic.
(1) if we were REALLY having a market crash, everything across the board would fall.
(2) everything not fall, therefore The markets are nothing but pure manipulation
But (1) implies there are such things are real crashes, just that today is not one, so the real conclusion should be “today is manipulation”?
I have not been following this buy the way, there is/was a crash?
Individual stock prices not falling rapidly enough for your taste is evidence of manipulation? Hang on, I’m still trying to wrap my mind around it.
Bad economic news is good for auto parts. People tend keep their cars longer.
Actually, the markets show shifting money. Interest rates plunged today as a lot of the money pulled from stocks went to bonds. Some stocks faired well but those are generally the ones that are more conservative and pay a significant dividend. What you’re seeing isn’t evidence of market manipulation (that doesn’t mean it doesn’t happen) but rather of money shifting from risk assets to those perceived to be less risky.
Pfizer -0.35 (1.96%) up .86 after hours
I’m in the temp business; only two industries you can count on today are food and trash.
What are post stocks, compared to most stocks?
“Bad economic news is good for auto parts. People tend keep their cars longer.”
Yup. We’d also expect collection agencies to do well during a downturn.
Apple (AAPL) was down less than the averages today (-2.5%)...the averages were down about 3.5%.
What you call “manipulation” is anything but. The reasoning you are employing is entirely equivocal.
If you want to see market manipulation, the folks at NANEX have documented this in irrefutable fashion. Things like 3000 bids for stocks flooding the system, then disappearing in tens of milliseconds. The other day, a new standard in market manipulation occurred, with tens of thousands of shares of Yahoo trading, timestamped at times AHEAD OF actual time. Actual time being derived from the atomic clocks at WWV in Colorado. The implication being that these HFT trading systems may have now become able to manipulate the NYSE/NASDAQ system clocks.
Manipulation isn’t when things don’t go the way you’d expect. That is the specialty of the market. And no matter how long you observe and participate in markets, there will NEVER be a time when the markets are not capable of doing exactly that.
People are getting their vehicles prepared for TEOTWAWKI. Lots of spare parts headed out the doors of Auto Zone these days.
Nothing to see here — very little anecdotal evidence and that is easily explained by, um, common sense.
About 1/3rd of mine were up, a couple were flat, and the rest down. Remember, the money has to go somewhere. It is rare people just cash out everything, they move it from one to another that they feel will do better or at least is a safe harbor or something that people see are undervalued. You can see these patterns on every downturn. I know I’ll be buying in tomorrow on some undervalued stocks.
aw... someone shorted AZO. Oopsies.
We do have some small % of stock but it seems mostly insulated from the gyrations of late.
Some stocks went up and most went down! Wooooo that’s amazing /sarc
see if you can get these:
(Might be pswd protected, I don’t think the ‘tickers’ are. Let me know if you can’t get to them. You should be able to get ZH)
Most of the NANEX stuff is here. It’s voluminous. They have charts showing tens of thousands of bids being offered for stocks, showing up in patterns that look like square waves on oscilloscopes, then being yanked at the bump in price all those fake bids are intended to produce are yanked.
And we do NOT need new regulations on this. This stuff is black-letter-law illegal, right now. But it is never prosecuted.
Worst case scenarios don’t happen overnight (this isn’t the movies).
When history is being made, we generally don’t see it as such for a long time afterward.
There are many more variables at play than most realize. The market is one of them, not all of them. The market is not entirely rational, so analyzing it from the perspective of complete rationality is going to frustrate you.
Keep your eye on the facts, not traders.
Two nights ago my son was over and the price of silver was discussed. He said the big investment houses had massive contracts coming due at the end of the month and if silver wasn’t at $36 they’d have huge losses.
Silver was was $39.75 on Tues and today it fell below $36 briefly.
[Mr. Rogers voice] Can you say manipulation?
I read a lot about silver stuff on this place called Jesse’s Cafe Americain website. Somebody named Blythe Masters comes up a lot. I think she works for somebody who owes a lot of silver to other people and they try to lower the price so they can pay it back cheaper.
Panic is addictive. Get counseling.
Panic is addictive. Get counseling.
Bush and rove were early huge investors in autozone. In post presidential life, Bush commissioned Rove and Cheney to re-engineer the Hurricane steering machine into a high frequency trading price manipulator. Plus bush stole some old lady’s dentures.
You can say that again....
I recall reading somewhere about how younger Texas Hold ‘em players have changed the game with statistical analysis - not of probabilities of an individual hand, but of win/loss over time. IIRC this leads to an aggressive all out play against the old timers, who are reported to be somewhat miffed (and broke).
I can’t find this article now, probably as I do not know enough about said game to search it well. But I get the idea from a brief perusal of your links that HFT trading is game changing in similar ways. I found people who think that it is a game that is played amongst only HFT groups, with little or no impact on longer term traders.
Looks more like the card game scenario - one set of people playing by rules that say go all in all the time, win big, lose big, win big again until the other competitors simply have no more money.
Looks like a good way to break the system, but what does that matter, as long as I got mine first?
Hit a year low. Last time the market was this high was September 17th of last year.
The first time it hit 10,600 was in April 30th of 1999. So Obama’s wound us back 12 years and 5 months now.
Still a long way from the low of the Obama depression of 6626.
Obama could be the first president since Carter not to see a market high during his time in office. He’s got 15 months to see a 3,500 point rise. He needs the Dow to go up 235 points a month to get there.
My goodness, a nasty attack from absolutely nowhere. And you quote the Bible?
OMEX went up - - - after a drastic fall the day before.