05-10-2010, 11:40 AM
I will say that one of the things that really pisses me off about our "insider institutional" trading system, is that graphs like this show that the market is manipulated. The average trader could not jump into this move today when others did over the weekend with befor and after hours trading.
The massive gaps up and down before trading day, are (and have always been for me) indication of market manipulation and not actual company performance. Like Dusty said above. Some people made a lot of money from last week and this weekends market moves. While the average invester just looks and says, wait... How do I buy into this move? Answer, unless you bought Friday during hours, you cant. At least not most people.
<!-- m --><a class="postlink" href="http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1273521600000&chddm=2523&chls=IntervalBasedLine&q=INDEXDJX:.DJI&ntsp=0">http://www.google.com/finance?chdnp=1&c ... DJI&ntsp=0</a><!-- m -->
The massive gaps up and down before trading day, are (and have always been for me) indication of market manipulation and not actual company performance. Like Dusty said above. Some people made a lot of money from last week and this weekends market moves. While the average invester just looks and says, wait... How do I buy into this move? Answer, unless you bought Friday during hours, you cant. At least not most people.
<!-- m --><a class="postlink" href="http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1273521600000&chddm=2523&chls=IntervalBasedLine&q=INDEXDJX:.DJI&ntsp=0">http://www.google.com/finance?chdnp=1&c ... DJI&ntsp=0</a><!-- m -->
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi