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Dow Plunging

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Will the Plunge Protection Team intervene?

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Maybe they already are - Post from ADVFN UKXX :

Robert McHugh has an excellant newsletter. This morning an email from McHugh has this:

"First, no signal changes occurred from Wednesday, as reported in

the Wednesday Midweek Market Update. However, we learned that a large

mysterious buyer of S&P futures came in Wednesday morning and

artificially drove the rally, igniting short-covering, meaning those

most pessimistic about the market were a big chunk of the buyers. That

buying also messed with our key trend-finder signals, turning the NASDAQ

100 "sells" artificially to "buys." So, take the "buys" with a grain of

salt here. The proof was in Thursday's tanking, more in line with the

pre-manipulation signals. But, not wanting to get too cute here, we

accept the signals in spite of manipulation and report them objectively

without bias."

This refers to the US markets, but has some relevance to London markets. the mention of a "mysterious buyer" is most intringing, I would very much like to know who it was and their motives - Plunge Protection Team?

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Maybe they already are - Post from ADVFN UKXX :

predicted a stock market rally in december 2002 based on the certainty of the US going to war with Iraq,

i was 100 % correct,

the graphs i posted prove i was correct,

however , since i believe people who buy stocks on the back of war gains are immoral monsters who should be shot i didnt act on the advice.,

this is what i thinkwill happen.,

the stock market will dip here in the UK and US .

it will shed 100s or even 1000s of points.

just when we are on the brink of financial companies going bust hell will be unleashed on Iran.

the stock markets will rally as they always do on the back of war,

the FTSE and DJIA will go above where they are now,

Thew newspapers will call it the TEHRAN TONIC.

and I will find a stock investor who has made a killing and I will ........

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Whats one of those? :huh:

It's jittery again today isn't it?

I predicted a stock market rally in december 2002 based on the certainty of the US going to war with Iraq,

this is what i think will happen now :

the stock market will dip here in the UK and US .

it will shed 100s or even 1000s of points.

just when we are on the brink of financial companies going bust hell will be unleashed on Iran.

the war will be timed to prevent big financial institutions going bust and could happen as early as october next year,

the stock markets will rally as they always do on the back of war,

the FTSE and DJIA will go above where they are now,

Thew newspapers will call it the TEHRAN TONIC.

thats my guess

best stocks in that scenario are oil , defence, weapons and reconstruction

halliburton, bp , bechtel etc etc

but dont buy yet

Edited by aristarchus

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Will the Plunge Protection Team intervene?

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I always maintain that the net effects of most government initiatives is the opposite of what was / is intended. Delays in what may have occured (amongst "side effects"). What was going to happen will still happen. Probable scenario longer drawn out - but worse

Thing that has changed the most IMHO - the gradient of the slope.

But who knows?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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