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Wallstreet Is Total Manipulation!!!
- Thread starter BlueStreek
- Start date
Quote from Landis82:
Typical naive and ignorant comments by someone that obviously shows up at his keyboard one minute before the opening bell rings without doing any "homework" whatsover.
No real news this morning?
Yeah, right.
Whats the news? Oil up....Rates up?........
There really want any bullish news this am....most likely was option related buying...then when the sp traded through resistance, a boatload of stops were run....
I could be wrong....what news did you see?
Quote from BlueStreek:
But don`t ever tell me markets aren`t manipulated--every thing about markets is manipulation--they look for the all clear--no news--to blow out key technical levels of resistance.
and this is easy to do when people like you keep shorting and placing stops just above the previous highs giving the big money targets to push for so that they can trip them and make programs fire off and drive the market higher. No one is going to sell here due to tax reasons. Now Jan may be another story but you are fighting a losing battle by staying long term short in a bull market.
Quote from Mvic:
No news? How about the GOP very likely getting the senate back!
Sounds like a stretch. I do not remember the market tanking because the dem took over. Why would it go up now IF that changes. Some good earnings report, a lot of so-called "smart money" short, a consolidation at record level, a year-end positive bias and here you have a breakout after many days of going nowhere. Now let's see if the break-out is confirmed. Still believe CPI number could be a catalyst.
Quote from ACM Trader:
Sounds like a stretch. I do not remember the market tanking because the dem took over. Why would it go up now IF that changes. Some good earnings report, a lot of so-called "smart money" short, a consolidation at record level, a year-end positive bias and here you have a breakout after many days of going nowhere. Now let's see if the break-out is confirmed. Still believe CPI number could be a catalyst.
ACM is right, same thing i was going to write.
I remember weeks before the elections and all the talking heads saying if the dems win both house and senate expect a broad based selloff. I heard predictions of a 5% selloff to as high as a 20% selloff over the next 12 months. Guess what, NEVER HAPPENED so how is the news of this changing causing a rally. Believe me, the market is not up on this news. Market could care less about the elections like it did prior to november 7th.