Topic: Economy, what's left of
Remember Poultergeist? " "Theyre heeeeree!! The disembodied spirits come to wreak havoc?
https://www.youtube.com/watch?v=X9aENGodu5A
They hit the stock markets YESTERDAY. The reason Im shouting YESTERDAY is that the spin and lies machine is set on high TODAY attempting to pass it off as a "Wednesday problem with Knight Capital" and "trading glitches" and "algorithms going crazy."
1.) it started YESTERDAY, it is not a "today thing"
2.) The DJI went INSANE YESTERDAY:
http://finance.yahoo.com/q/hp?s=^DJI&a=07&b=2&c=2007&d=07&e=1&f=2012&g=d
Those are shares of the DOW INDEX and have nothing to do with a scapegoat called Knight Capital. Looks to me like those trades settled.
Be interesting to see, tomorrow, what TUESDAYS trade volumes are.
3.) "Algorithms do not "go crazy." An algorithm is a computer program. It decided it was time to rock the markets as a high has been reached and the volumes have been miserable, and the high frequency traders dont make money (no one does) when the markets are stagnant.
So, back to 2007, just before the Dump of 2008! Jan 14, 2008:
http://finance.yahoo.com/q/hp?s=^DJI&a=07&b=2&c=2007&d=07&e=1&f=2012&g=w&z=66&y=198
High in prices and volume jumped. YESTERDAYS jump was from 1.258B to SIXTY FIVE BILLION SHARES traded, and it can NOT be due to a couple stocks trading, else the breakers would trip and halt trading. This has to be across the board.
RUN. If you have any money, get ready to buy anything thats not nailed down. If its nailed down, go get a hammer and pry it loose THEN buy it..
