Anyone have an answer?

B

bkveen3

I was just looking at a chart on yahoo and noticed something I found to be very strange. Everyone talks about the PPT but other than speculation we have no proof that they interfere on a daily basis. Could someone take a look at the picture I attached and tell me what would cause this kind of anomaly. It raises a few suspicions in mind, seems like there really could be someone keeping this market from going down.
 

Attachments

Do they just show Gap ups as a bar with all of the overnight volume as a single bar? If so why do they put this bar on the day before and not the first bar in the morning?
 
I do believe in the PPT, but I think in the given instances the actual solution is probably a squeeze.
All those spikes are at a similar price. Someone had a large buy order to cover his shorts or someone had to cover losing longs. Then everyone just jumped on the band wagon. Probably a combination of program trading and the "herd".
 
doesnt have to be ppt, morgan ,goldman want to paint the tape for a great 1st qrtr,end of month window dressing
 
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