SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (111337)5/7/2010 7:09:15 AM
From: andiron7 Recommendations  Read Replies (1) of 116555
 
It was supposed to be a crash..but PPT kicked in to bolster confidence and blame it on fat fingers..
The system worked..All stops were hit because bids disappeared...this is what happens in a crash and market that was rising on thin volume smoke & mirrors..

how do we know that..
look at yen carry trade...yen started to move intraday much before the collapse
And bond/TLT rose "mysteriously" off the 4% bound and yield fell to 3.25% in minutes..

Bond & currency: 2 of the most liquid market..

So today the market met stark & cold reality today. Fear it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext