[MarkL]

The invisible hand in the financial markets. Link:

[tokyo_to_motueka]

this is covered reasonably well in "Rubicon" by Mike Ruppert.

in his section on

CIA=Wall St
Wall St=CIA

i think.

[julianj]

Well that was an eye-opener and no mistake.

You know, I'd even go so far as to call the President’s Working Group on Financial Markets a conspiracy. Of course we don't use the C word round here because its only nut-jobs who believe that

Thanks

Julian

[DriveElectric]

The changes after 1987 were designed to avoid huge 1 day panics in the financial markets. They do not stop the markets from falling over time.

Notice that the Nasdaq fell from 5,000 to 1,300 between 2000 and 2003. That is about a 74% decline.

Notice that the Dow fell from 12,000 to 8,500 in the same time period.
That is about a 29% decline.

[FoxV]

Even more evidence of a hard crash, no manipulation in the world can compensate for a physical shortage.

btw, does this explain why Bush want's to allow pensioners to invest in the stock market?

effectively adding even more money to the bubble

[julianj]

I dunno if you all have seen this,

but our new poster, a self-declared Neo-con, AbelardLindsay, posted something that seemed relevant to this discussion, amidst a a lot of his Hobbesian world view:


$this->bbcode_second_pass_quote('', 'B')UT I DIGRESS

The impending dollar crash scenario has been around for the last 30 years, it hasn't played out yet but hey, if the Chinese start selling their dollar reserves, we've got dollar reserves to buy whatever they're buying, a whole lot of em'. The economics goes a little over my head now and again but the way I see things playing out we're not going to take ALL the oil or blockade we're just going to make sure it's priced in dollars and now thanks to our pals the Saudis and the Iraqis it looks like that's going to be the case. We're not the only ones who like it that way. The Japanese like that because we protect them from China and North Korea and they want us strong. Same goes for the South Koreans and the Australians.

[SidneyTawl]

I recall during last summer and fall that the stock market had the behaviour of falling all during the day. Then late in the afternoon it would rally, sometimes huge numbers 100 or more points and finish just a few poinst higher. This seemed to happen quite frequently. Sometimes several days in a row. People selling and then some buyers always at the end of the day. (of course there was an election going on also).

Then it seems the euphoria of Bush re-election was the reason for an uptick. Now something else is at play and the market is again on a downward swing. Selling seems to be going on, but there always seems to be a positive note to end on.

I recall then that the PLUNGE PATROL was bandied about as a possible reason for the ability of the stock market to show signs of strength that were highly unusual. I think it was the Gold dealers making such a big deal out of it. They pointed the finger at the plunge patrol as the reason the market did not fall, and kept gold in check.

From what I understand its your US tax dollars being used to "invest" in the market. wonder who gets to keep the profits (if any).

[Grimnir]

$this->bbcode_second_pass_quote('SidneyTawl', 'I') recall during last summer and fall that the stock market had the behaviour of falling all during the day. Then late in the afternoon it would rally, sometimes huge numbers 100 or more points and finish just a few poinst higher. This seemed to happen quite frequently

[BigBear]

Very informative post-Thanks--I have suspected the very rich were intervereing with the Stock Markets for along time now--never had any proof--now it is all clear how it is being done. Amazing stuff--we indeed are living in very interesting times.

[frankthetank]

The reason for the spike yesterday was they released the FED minutes (around that time) from a while back and came to the conclusion that interest rate hikes would stay measured for a while yet.

It just shows you how much direction the market takes from the FED...