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eric pebble

We Are Not Out Of The Woods Yet By Any Imagination. " - Will

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"As happened in the February 27 crashes, the US markets were the ones that more or less held ground- So far. As that seemed to continue to be the case, again, the Asian markets seemed to calm, and also the European markets. Now, I would also suggest that the US ‘Working Group on Markets' and the BOJ market management teams both put serious floors under equities. Many times in the past two weeks we would see the Dow headed for a really bad day, but all of a sudden a serious reversal. I particularly remember that day when the Dow was rapidly down 150 points, but made most of that up in the last hour and ended down something like a few points. You are not going to tell me that the traders really did that one. A floor was put in.

I am not really one of these people who believe in conspiracies, but that does not mean that the Working Group on Markets is not what is seriously mitigating things. Hey, they admit they do it. They certainly have the horsepower and brains to pull it off, with Paulson and so on, market traders par excellence."

http://www.marketoracle.co.uk/Article1906.html

Edited by eric pebble

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"As happened in the February 27 crashes, the US markets were the ones that more or less held ground- So far. As that seemed to continue to be the case, again, the Asian markets seemed to calm, and also the European markets. Now, I would also suggest that the US ‘Working Group on Markets' and the BOJ market management teams both put serious floors under equities. Many times in the past two weeks we would see the Dow headed for a really bad day, but all of a sudden a serious reversal. I particularly remember that day when the Dow was rapidly down 150 points, but made most of that up in the last hour and ended down something like a few points. You are not going to tell me that the traders really did that one. A floor was put in.

I am not really one of these people who believe in conspiracies, but that does not mean that the Working Group on Markets is not what is seriously mitigating things. Hey, they admit they do it. They certainly have the horsepower and brains to pull it off, with Paulson and so on, market traders par excellence."

http://www.marketoracle.co.uk/Article1906.html

Exactly, I would say during the 2 weeks of initial turmoil there was barley a day when the DOW behaved normally IMHO .

Have a look of some of the charts captured during that time period, and they don't tell all the story as many big falls get retraced in real time before they are permanently plotted!

http://www.housepricecrash.co.uk/forum/ind...st&p=730084

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Guest DissipatedYouthIsValuable
"As happened in the February 27 crashes, the US markets were the ones that more or less held ground- So far. As that seemed to continue to be the case, again, the Asian markets seemed to calm, and also the European markets. Now, I would also suggest that the US ‘Working Group on Markets' and the BOJ market management teams both put serious floors under equities. Many times in the past two weeks we would see the Dow headed for a really bad day, but all of a sudden a serious reversal. I particularly remember that day when the Dow was rapidly down 150 points, but made most of that up in the last hour and ended down something like a few points. You are not going to tell me that the traders really did that one. A floor was put in.

I am not really one of these people who believe in conspiracies, but that does not mean that the Working Group on Markets is not what is seriously mitigating things. Hey, they admit they do it. They certainly have the horsepower and brains to pull it off, with Paulson and so on, market traders par excellence."

http://www.marketoracle.co.uk/Article1906.html

Yes

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If you wanted to see the DOW "guardian" in action today was no different. Big battles going on in the last hour. I think they decided at the end their work was done and was becoming a bit obvious!

Picture1.jpg

post-6129-1188244156_thumb.jpg

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I don't believe for one second that the US treasury bids up falling stock prices.

Any back office team worth its salt would spot this sort of thing straight away.

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Guest DissipatedYouthIsValuable
I don't believe for one second that the US treasury bids up falling stock prices.

Any back office team worth its salt would spot this sort of thing straight away.

How?

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