Why did the SOX (i.e. semi) index go down 40-50 points AFTER the good news of the
B2B report of 1.04?<<<<
the market had already anticipated the good news during the run-up, and sold the news.
you can't claim manipulation, because the market doesn't react to news the way you think it should.
fark, it was the end of the world as we knew it on sept. 11th, the terrorists were gonna take out all are bridges, and spread antrhax and smallpox across the land, people were never gonna visit disneyland or fly in a commercial jetliner (a great time to go to the happiest place on earth btw, no lines -g-)
that's when a huge bull move commenced.
all the wide swings we are experiencing is more a subject of the manic-depressive state of crowds, than manipulation, sure there is a bunch of lying, thievery, and cheating, buying a stock is like buying a used car from a used car salesman, people forgot that during the blow-off bull, during most normal market periods thru history (non-parabolic blow-offs) the public is pretty aware of this. |
