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Stocks Are Giving Up "China Is Fixed" Gains, Dow Drops Below 200DMA
Well that didn't last long...
After briefly gettng back to unchanged on the week - wth algos running the stops...
The Dow has tumbled back below its 200DMA once again...
The Dow is now over 110 points off the highs...
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The Exchange could in fact close again actually....
Did Gartman go long?
No, Gartman goes down.
Time for another NYSE glitch
Suckers rally: You can fool some of the people.....
Greedy sheep always go for the tall grass, never mind the wolves hiding in it.....
WHAT does the WSJ have to say about that outage ???
Coincidence, Shirley.
/sarc
No, and don't call me Shitley.
The nyse- where the most boring, uncreative people in the world are found.
Actually, the fact of the matter is that China is "Fixed".
The U.S. is 'Fixed-er'...
I assume you mean like horse races and roulette wheels can be 'fixed'.......
Despite the 'fixing', it still began to turn down before it closed.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CN%3ASHC...
It's a dip, BUY IT
What did the China man say to his broker...I yuan to sell my stocks...
I think China is on to something with the whole "arrest those that aggressively short the market". The USSA can do that as well and make the only legal thing to do is "go long on stocks and BTFD"!
BRILLIANT!!
The US works differently. They'll arrest and execute people, but won't tell anyone. Business as usual, straight ahead is the only road allowed.
Emergency!!!
Funny how DOW 12k was overpriced, manipulate bullshit awhile back. If we crashed to that level it would be the end of the world. LOL. Personally, i'm still waiting on S&P to fill the gap around the 450 level. All gaps get filled.
Confidence rides highest right before an arrow downs the lead horse.
Japan
Japan
The ZH bounce. It's uncanny
do fundamentals matter again?
No.
If they did the market would be at 5000.
That's optimistic.
PPT went on lunch break and forgot to flip the auto-pilot switch on...
Selling the rips?
It sure is looking as if the computer links to the Mahwah building are key element in centrally managing the US stock markets. and taking all free market action away.
Pricing and volume are completely different today than it was yesterday when the Mahwah building was down.
So, this implies obvious fraud... which of course will never be prosecuted because of regulatory capture.
Let's face it what scares the paper pushers is the fact that its all just paper. Its created out of nothing. Its not mined or pumped or built. It just paper. Many paper currencies have come and gone and come back again. If there is no real work done to make it its all just bullshit in the end.
Well, if you're drawing straight lines through the charts for the algos to follow it doesn't look good.
There is a positive downward slope obliterating the 200DMA.
With no fundamentals all that matters is fucked up charts and trend lines.
COME ON GUYS HURRY UP AND MAKE STOCK SELLING ILLEGAL!!!!!
*for anyone other than CEOs, Board Members, and individuals with net worth higher than$500 million.
Then make it law that all stocks shall go up at least 20% per year regardless of corporate performance. Get rid of all meaningless earnings reports and give up on even needing accounting. The economy will run much better that way. Think of the unbelievable euphoria when average Americans open their 401k statements, seeing their paper wealth soar. Of course they will forget about never being able to realize the gains because it will be illegal for them to sell the stock they hold. That won't matter because the idea of them being rich will make them go out and spend every dime they have.
KEYNESIAN NIRVANA!!!!!!!!
The cracks in the matrix are becoming crevices...
Tyler:
You need a new fight club to thin the ranks of the wankers that post on your site.