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Yeah , isn't it !!! I wonder how they(ppt) can up the whole market , what's their strategy , do you buy only the blue chips , sp components ? What do they buy , and if they buy WMT and CAT , how come DENN goes up ?Klarisskin wrote:This looks like some kind of intervention. Free markets aren't supposed to move like this, are they?
sk8r wrote:Yeah , isn't it !!! I wonder how they(ppt) can up the whole market , what's their strategy , do you buy only the blue chips , sp components ? What do they buy , and if they buy WMT and CAT , how come DENN goes up ?Klarisskin wrote:This looks like some kind of intervention. Free markets aren't supposed to move like this, are they?
I don't know , it's a mystery to me how they work .......Anybody has an idea ??
I disagree with the comment re:short squeeze. How do you explain MS up 12.3%, CLF up 11.6%, AKAM up 10.2%?bushwaffle wrote:These are not short squeezes. There are no people involved here, barely any transactions actually taking place. All that's happening here is that at the end of the day, when volume falls, a chain of bots kick in entering and cancelling bids to fluff up the price in an attempt to fool retail/small players into thinking the market went up. They rush to cover and you get a flash rally. Really, it's pointless. There are no real buyers out there so this tactic just briefly delays the inevitible grind down. What proves it to me is the silence of the SEC. Make no mistake. This is a government program. (from another poster elsewhere, but exactly what I wanted to say)
If I knew how to share a chart, you would not believe how mine looks with 7 pbars and counting since 3:59 most at or below 108