HUGE Comeback For The Bulls As Markets Recover In Late Trading: Here's What You Need To Know

The Business Insider ^ | 5-25-2010 | Joe Weisenthal

[blam]

Here's the daily DJIA tracking chart.

Orders to PPT, do not close below 10k.

[Frantzie]

Manipulation.

[KoRn]

A good opportunity to go short?

[2aberro]

Wow! PPT was really busy today........They can’t keep it up,,, it has to fall apart soon.

[Lurker]

This will not end well.

[Buckeye McFrog]

Drudge has a picture of King Barry up on his page, and he looks like he just walked out of a whole conference room full of ghosts.

[AngelesCrestHighway]

Just a bounce back from extremely oversold.....

[Cletus.D.Yokel]

That 10K mark must have some significance to ^someone^.

[Thurston_Howell_III]

Barney “Baron Harkonnen” Frank came out and said the financial reform bill went too far in how much they regulated derivative trading, I think he cried uncle and they released the pressure.

[RobRoy]

I used to be able to read the news and watch the market respond. Sometimes I would see a jump or fall in the market and go read the news stories and see that there was a direct correlation to an event or speech.

Now we have these big up moves out of thin air. It is one of the things that contributed to my finally believing that there is probably a PPT.

[the invisib1e hand]

oh, yeah, huge comeback! Oh, yeah, everything's freaking OK isn't it?!

how many people got stopped out in that plunge? Wasn't such a "huge" day for them, was it.

Screw these imbecils.

Looky here: the financial "regulation" of the 1930's killed the financial services industry for 4 decades. And that was before, IT, outsourcing, and all that crap that happened after Enron that pushed the IPO business back to London. What the hell was that called again? Oh, yeah, "SarbOx."

[DuncanWaring]

...the March Case-Shiller got lost in the shuffle, but it was weak,...

This while the home-buyer tax credit still in effect.

[keepitreal]

Bull market??? LOL

[Frantzie]

I think the Kenyan ;ets the hedge funds do whatever they want to intraday as long as they and the PPT bring it back to 10,000.

China is amazing. Every market is down and they are slightly up. No manipulation there. I guess the Chinese brokerage firm execs get a bullet from the ruling party if their market sells off.

[stephenjohnbanker]

Sarb/Ox was our self inflicted guillotine.

[the invisib1e hand]

Sarb/Ox was our self inflicted guillotine.

So was all the rest of it...

[stephenjohnbanker]

Yep

[vets son]

That 10K mark must have some significance to ^someone^.

TPTB want to keep all the money from 401k’s to continue to flow in. When the time is right they will short the market and make another few billion and all the sorry saps that have been saving for retirement will have to start over again and the game will restart.

Most are better in a money market earnig zilch. The dollar is rising faster than the market.

[traditional1]

I have a strange feeling that the market is being manipulated by some SERIOUS money, not to exclude people like Soros, who stands behind The Messiah and his communist coup d'etat (the election largely financed by Soros front money people, without a doubt).

You can't raise nearly a billion dollars of campaign cash from welfare recipients and sex deviates, and cross-dressers.....

Think about it.....

[blam]

"You can't raise nearly a billion dollars of campaign cash from welfare recipients and sex deviates, and cross-dressers....."

Yup. More than your normal Democrats at work here.

There are serious Marxists in this mix.