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What Was THAT? (Friday Market Close)

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posted on May, 30 2009 @ 11:12 AM
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reply to post by wonderworld
 


Great Post wonder, thanks, that explains a lot.




posted on May, 30 2009 @ 11:34 AM
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reply to post by Stormdancer777
 


Thank you, it's only my perspective. I'm far from a pro. I may even be a bit off. I dont know enough yet.

Great thread!

Things may be heating up next week on Wall Street and Main Street.



posted on May, 30 2009 @ 11:45 AM
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reply to post by LostNemesis
 


That story is so funny!

I still couldn't tell what was being theorized that they were trying to manipulate if they were. Was the trading to manipulate the value of cash in the market itself?



posted on May, 30 2009 @ 11:48 AM
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My first thought was GM and their problems.

Second thought is the bailout money hasn't penetrated the market too much yet and I have been assuming that this would slowly be injected into the economy and what better way than to have stocks reflect this slowly bring it back up to appear as if recovering. But I'm not sure exactly what they do or where they put the money so might be completely wrong with that.

If the market goes up again don't get too excited it has a tendency to go up on Mondays. I only say this because I started seriously investing when our the economy pooped out. Check everything daily and on Mondays more times then not I thought "Holy shnikes I'm rich!" Only by Wednesday to think "oh man it was just a temp spike."

So right now I'm writing it off to GM's situation but we'll see by mid week I'm sure.



posted on May, 30 2009 @ 02:37 PM
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reply to post by Stormdancer777
 


My thought is that it was probably something to do with GM.

Maybe they did it because they are supposed to file for bankruptcy this coming Monday...Seems like the most logical thing to me given the state they are currently in. We'll see.



posted on May, 30 2009 @ 04:30 PM
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Originally posted by Don Wahn
reply to post by Stormdancer777
 


My thought is that it was probably something to do with GM.

Maybe they did it because they are supposed to file for bankruptcy this coming Monday...Seems like the most logical thing to me given the state they are currently in. We'll see.


So far it looks like the Gm's have it.

Guess we shall see.



posted on May, 30 2009 @ 05:16 PM
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You are right, next week won't be pretty.
S&F



Just in case you are interested, the long game looks bleak as well according to Mr. Schiff.
www.abovetopsecret.com...



[edit on 30-5-2009 by badgerprints]



posted on May, 30 2009 @ 05:21 PM
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reply to post by Stormdancer777
 


GM has ABSOLUTELY NOTHING TO DO WITH WHAT HAPPENED FRIDAY lol


GM has been priced into the market for a long time.

You think 500 million + dollars flowing through hands in the last 2 minutes of the day has something to do with GM?

Laughable

Especially when its sitting at .25 cents or something

Nobody (big money) gives 2 ***** about GM, they are out of the game, and have been for quite a while.

Please, go to the "MARKET" thread and go 2-3 pages back and read every post. You will learn a lot.



posted on May, 30 2009 @ 05:58 PM
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Originally posted by GreenBicMan
reply to post by Stormdancer777
 



Nobody (big money) gives 2 ***** about GM, they are out of the game, and have been for quite a while.





Not necessarily true...Firms can make huge sums through bankruptcy settlements.



posted on May, 30 2009 @ 06:03 PM
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reply to post by 1 4M 7H3 1
 


No.. you are not understanding...

The friday close had nothing to do with GM is what I stated.

And GM is basically worthless until they spin out their new IPO.

And, Im sure someone is making money on this deal, its certainly not the bondholders or equity owners though.

Im sure its a mix of govt. higher-ups, lawyers, venture capitalists or something...

I am strictly talking about the stock market though.. not a risk arbitrager or anything of that nature.



posted on May, 30 2009 @ 06:20 PM
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Ya know I've seen these kind of threads before with people totally freaking out over what some expert says is going to happen or bond dislocation or mass buys of currency. Everyone seems to flip # and generally nothing happens. With the reports from Bilderberg calling for a shorter more intense depression we could see another drop off world wide. Just relax and what will be will be...

[edit on 30-5-2009 by iamjesusphish]



posted on May, 30 2009 @ 06:30 PM
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reply to post by GreenBicMan
 





Please, go to the "MARKET" thread and go 2-3 pages back and read every post. You will learn a lot.



Thank you, I will check that out

As far as my GM comment I was just taking a tally of poster's speculations

I am clueless


[edit on 063131p://bSaturday2009 by Stormdancer777]



posted on May, 30 2009 @ 06:31 PM
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reply to post by Stormdancer777
 


No, I know, I'm just redirecting your thoughts.

I mean, if you are not involved in markets, you should have no idea.



posted on May, 30 2009 @ 06:33 PM
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reply to post by badgerprints
 


Actually I am thinking next week could be OUTSTANDING for the markets..

That is just my opinion though, as we are set to open much higher already due to the dislocation occurring between the cash and futures due to the close.

Someone knew something, and pulled the trigger.

Cash like this doesn't flow just to fool retail investors lol



posted on May, 30 2009 @ 06:36 PM
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Originally posted by GreenBicMan
reply to post by Stormdancer777
 


No, I know, I'm just redirecting your thoughts.

I mean, if you are not involved in markets, you should have no idea.


Exactly, I found this fascinating and wanted an explanation, thanks for the help.



posted on May, 30 2009 @ 06:37 PM
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Originally posted by GreenBicMan
reply to post by badgerprints
 




Someone knew something, and pulled the trigger.

Cash like this doesn't flow just to fool retail investors lol


Interesting is this legal?



posted on May, 30 2009 @ 06:50 PM
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reply to post by Stormdancer777
 


since when does it matter if its legal?


seriously though, wall street is a mob of greedy criminals IMHO and my signature says what I think about the bankers...

[edit on 30-5-2009 by iamjesusphish]



posted on May, 30 2009 @ 06:55 PM
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Originally posted by iamjesusphish
reply to post by Stormdancer777
 


since when does it matter if its legal?


seriously though, wall street is a mob of greedy criminals IMHO and my signature says what I think about the bankers...

[edit on 30-5-2009 by iamjesusphish]


LOL iam, that was a stupid question I asked.



posted on May, 30 2009 @ 06:57 PM
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Originally posted by iamjesusphish
reply to post by Stormdancer777
 


since when does it matter if its legal?


seriously though, wall street is a mob of greedy criminals IMHO and my signature says what I think about the bankers...

[edit on 30-5-2009 by iamjesusphish]


Exactly how much money does one need, honestly, sometimes it is beyond greed.

does it become an addiction or an obsession like gambling, is it a game?

Edited to say, power trip?

[edit on 063131p://bSaturday2009 by Stormdancer777]



posted on May, 30 2009 @ 07:03 PM
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i wonder if this has anything to do with N koreas long range missile test due to happen anytime now. Is something about to happen? Its just a complete stab in the dark but makes you wonder why.



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