The Fall and Rise of the New York Dow
This is the way Thursday’s “mistake” looked on a trade-by-trade time-frame called a Tick Frame:
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Check the Support/Resistance lines that set up this bottom. These lines demarcated previous and subsequent tick-level and 1 minute-leve time frame support. Technnically, this momentary hallucination of the Dow, the Index representing the most prestigious and expensive stocks in the world, was not to be. But humans sometimes do not act like humans and that’s likely what happened in this fiasco.
I think the SEC can do better than search computer databases for wrongdoing. The true culprits are the major ETF Institutions and Banking Organizations, plus some of their filthy rich friends who banded together in this last period, together with the media who talks incessantly of a double-dip; to rob the small independant investor, who falls in this panic, of his equities at a cheap rate. They will then buy it back in increasing blocks of capital, which they don’t lack, and cause the new upwards trend I so spoke about, to materialize; all to their great benefit. Remember I spoke of a major top, but one that becomes a correction and will be only temporary. Time will prove me right.
There are so many type of cases we can think of, anyway in the end life fcuk us all,2
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