Quote from Trendytrader:
Rule 48 implemented by PPT this morning as the f'ing rigged market would have dropped 600 points this morning. In fact they hid the underlying stock prices premarket otherwise futures would have been hammered down.
There is no free market in the US. Hell at least the Japs allowed the Nikkei to see full price disclosure by going down over 10% in one day. That is 16% over two days.
Ask yourself would the FED and PPT allow the DOW to drop by 1,200 or 10% in one day? Hell no.
Folks look deeper this is a rigged market.