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Gypsy
Member since May 2012
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has posted a comment on the article :

Ignore Signs of Distribution at Your Peril

- Rick Ackerman -

Rick, your snapshot/explanation of what's going on in the markets is priceless ~ but your analysis of the reasons behind those markets doing stranger-than-possible antics is flawed. If you would start from the premise that the markets "WANT" to make a severe correction downward; and have wanted to do that all along, then it's easy to explain why they haven't. There MUST be something going on BEHIND THE SCENES. If you were to hand some entity, let's call it The Plunge Protection Team, trillions of dollars (in, let's call it, quantitative easing money) then the entity could CONTROL the rise and fall of the markets. See how easy that is ??

Commented 4357 days ago

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Beginning of the headline : Beneath a façade of tedious price action, U.S.stocks appear to be weakening by the hour.Yesterday, for instance, the Dow couldn’t even muster a 100-point boost on news that jobless claims had fallen by 30,000 in the week ended October 6.Earlier this year, before our perennially recovering economy encountered some stiff recessionary headwinds, that stat would have been worth at least 150 Dow points on the opening... Read More

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