Posted on 06/25/2009 10:25:48 AM PDT by Sam_Damon
That's last night.
Over 12,000 contracts traded in two five-minute periods, over 10,000 right up on the time of that spike.
There was no news of any sort related to the US markets on the wire last night. Zero. None. I and many others were wondering what the heck caused that.
This morning, the buying began in earnest at 8:30 Central, and then again at 10:00 Eastern - one hour in front of the "announcement", again on heavy volume.
Where is the SEC?
Where is the SEC's demand for trading records on these contracts, particularly the ones last night on Globex?
That was a highly unusual trading pattern that strongly suggested that someone knew something and acted on it front of a news release.
(Excerpt) Read more at market-ticker.denninger.net ...
Yet another reason to attend your friendly neighborhood tea party. This sort of crooked trading by whomever needs stopped, now.
Well known inside with insiders.
Traders retire at 30 as multi-millionares.
One of the most serious structural impediments to growth in our economy is WHITE COLLAR CRIME. Investors and savers have to spend a lot of energy trying to avoid scams.
Taxpayers are bailing out people who wrote “liar’s loans” and homeowners who lied on their applications. They all should have been prosecuted. It’s not too late!
I think that Republicans should make the issue of crime & corruption a mafor theme for 2010 and beyond.
Just think of how many crooked Democrat politicians and supporters we could nab! Think of the massive asset forfeitures!
Oh yeah, why the hell does Bernie Madoff’s wife still live in a $7M apartment? Why didn’t the judge seize the apartment and sell it to pay back the victims?
You want to know just how bad it is?
Read ‘Michael Milken and 60,000 deaths, the story of Dendreon’ on www.deepcapture.com
We need a few trees and a LOT of rope
You must be from Pittsburgh.
Because the legal process takes time. Do you advocate we abandon that?
Here's a vid from a may 15th abnormality....
http://www.youtube.com/watch?v=hxBqAw75Bpo
(the market opened down this morning and was headed lower...then BAMM! http://finance.yahoo.com/echarts?s=%5EDJI#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
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