In less than 45 minutes yesterday, just before the usual dreaded down day close, Wall Street, as expressed by the Dow, went up 4%!
45 minutes? A concerted effort by market makers (aka “they”) is what this was. A scientific forensic investigation should be mounted to find out how it is that a huge market can act with all participants in concert with each other.
Continue Reading A Market Meltup on Wednesday October 5th, 2011