can this be true?

[maui1]

heard on a money channel this morning, someone on the market floor being interviewed, about yesterdays market action.

he said that lately, the market has had very little volume, but most of the days volume, has been late in the day.

he was implying that he thinks our gov't is supporting the stock market to keep fears down,

does anyone think that this could be happening?

[usaone]

Volume is low partly because of the time of year. The market dropped 80 points the last hour the other day.

Sounds like they interviewed a Republican. Dont let politics cloud your investing.

Thats not directed at you Mau!...I dont know your political ideology.

[maui1]

usa- do you think our gov't does any of that stuff? you know about the mexican gang gun sales our gov't did, do you think that they, in light of the gun issue, would do something like this as well?

it sure did get me thinking?

[verrip1]

I'm sure the blogosphere is full of people who believe it's true. Of course, the blogosphere is also full of people who believe that the Fed keeps all the interest it earns.

Zooooom!!! There goes the misinformation superhighway!!

[usaone]

Dow fell 45 points during the last 90 minutes of trading today.

[maui1]

hey........if the gov't can sell 2500 high power automatic weapons to mexican gangs, on the chance that they could trace them back to the gang leaders, that are in mexico. also not letting the mexican gov't know of the need for thier assistance in this tracking in mexico, and then have our own border patrol people fall victim and die as a result of this misguided program, what makes it 'out of this world' that they wouldn't?

[maui1]

Dow fell 45 points during the last 90 minutes of trading today.

45 points was not the concern of this trader......it was offsetting large down days

[jarhead1976]

Jun 24, 2011 15:06:32 GMT -5 @maui1 said:

hey........if the gov't can sell 2500 high power automatic weapons to mexican gangs, on the chance that they could trace them back to the gang leaders, that are in mexico. also not letting the mexican gov't know of the need for thier assistance in this tracking in mexico, and then have our own border patrol people fall victim and die as a result of this misguided program, what makes it 'out of this world' that they wouldn't?

Without any electronic chips inplanted in the weapons to track them. what a bunch of MORONS. Now thats not rocket science, just commen sense dressed in working clothes.

[frankq]

Jun 24, 2011 15:06:32 GMT -5 @maui1 said:

hey........if the gov't can sell 2500 high power automatic weapons to mexican gangs, on the chance that they could trace them back to the gang leaders, that are in mexico. also not letting the mexican gov't know of the need for thier assistance in this tracking in mexico, and then have our own border patrol people fall victim and die as a result of this misguided program, what makes it 'out of this world' that they wouldn't?

And exactly how does that gun issue correlate to buying stocks?

[Virgil Showlion]

Goes to establish the credibility of the witness (U.S. government), your honour.

Overruled. Witness may answer.

Can... you repeat the question?

Are you or are you not, Mr. US Government, fully aware that your policies are at times utterly insane?

The... gun one, maybe. But not stock market intervention. That one works; it is a g--

Just answer the question, Mr. US Government!

It's not even the same people! Well... mostly not. Partly... not.

Your honour, the witness is unresponsive.

[frankq]

Yeah, whatever Virgil......... another conspiracy takes root......

[rovo]

Your honour, the witness is unresponsive.

Is there any proof of direct intervention in the stock markets?

I don't think so but let's see what others have on this issue.

[Virgil Showlion]

For the record, I don't think there's any significant off-the-books manipulation going on now either. POMO is tapering off. The S&P is off 6% since May 1.

We would appear to be witnessing the market in the absence of manipulation.

[smackdown]

Manipulation? Hmmmm. Once upon a time all of us traded in the markets but, you know, they stole our jobs, robbed us of income and consolidated the rest of the monies into-- 401K, Pension and Retirement FUNDS. Then they turned and killed the weaker of their kind until there were fewer and fewer players with larger and larger FUNDS. Then we hit the debt ceiling and stopped printing new money and giving it to insane bankers. That put pressure on financiers to actually, you know, have an economy-- which they could not because they destroyed it. So... you get days like these now. One day you have fewer trades because the size of each trade is horrifically enormous. On others, they are forced to go in several directions and look like a Charlie Chaplin cop chase scene with lots and lots of bedlam.
The government is filled with doofuses because we didn't want them to become business doofuses employing us. Unfortunately, the doofus gene homogenized and business executives, financiers and politicians became equal opportunity doofuses and fleeced everyone. Too bad there isn't a sister planet they can escape to... just this one and no corner will be safe for hiding when the first FUND goes all out and forces the others to follow involuntarily. No one survives because THAT is why BIG is never better than smaller divested entities that at best may make cracks, not giant black holes in the stability of the globe.

[smackdown]

"Guess what your looking in all the wrong places"

Isn't this what we've already learned in lending? When there were thousands of brokers out-performing banks, there wasn't anywhere near as much fraud, loss or broad lack of integrity.

The viral source is the banks and the Federal Reserve Criminal Organization that feeds their contagion magnification.

[verrip1]

I thought it was the crooked loan agents who pushed planned-to-fail mortgages to get their commissions while permanently fooking their unsophisticated, trusting clients, who are now homeless.

[smackdown]

"I thought it was the crooked loan agents who pushed planned-to-fail mortgages to get their commissions while permanently fooking their unsophisticated, trusting clients, who are now homeless."

Nope-- those folks STILL work for the banks. Follow an insider's walk through the industry as it had unfolded from 1982 forward to-date and you will be startled. The family names that gave us reason to create a Graham Mortgage Act succeeded eventually in crashing the entire credit business.

[maui1]

in order to review a problem, you need to look for the ROOT cause. the ROOT cause leads back to the gov't creating an environment for all the different players, to play the games that they played, that almost took this country down for the count.