No way are stocks selling off in Sept
- Thread starter DeepFried
- Start date
If in fact, the midterm elections theory is true, how is it done? Is some institution manipulating the market by bringing artificial demand and therefore keeping the markets propped up??? I understand the theory but just dont see how it could possibly work? If it is true, arent the markets, in fact, rigged?
enlighten me.....
enlighten me.....
1) Remember that conveniently timed U.S. Gulf of Mexico, major oil find a few weeks ago? That's what sparked the oil selloff/stock market rally to begin with. More likely than not, this 'new' vast oil reserve is anything but a recent discovery.
Republican strategists timed this 'news' perfectly.
2) The PPT is REAL. No joke. I've seen the executive order that created it after the '87 crash.
3) The ruling party controls the release of all economic data. They have the incentive to make everything look peachy until the midterm elections are done.
Yeah I would have to agree with your 1st and 3rd points, jury still out on the 2nd point. BUT, how could any group of people prop the major indexes? I could maybe see the DOW being propped up for a short amount of time since so few stocks make it up, but no way could the NAS and the SP be propped for any amount of time unless all the major brokerages were in on it. As well as many other institutions AND they would all have to be republican!!
No. All in money markets.
John