posted on Jun, 1 2009 @ 07:41 AM
Sorry, I looked for the source and the poster did not post enough to derive a source from...
so I post as .... I dont know .... but contains good information on the MasterMinds running the financial systems of this country....
I got it from www.philsgang.com
I gave you some articles to read on Sunday that backs up my contention that Geitner and the "plunger team" are continuing to maipulate the market
higher.Here is one of the best articles (we are seeing more and more articles),sent to me by gang member Aiko1 an excelent explanation,I will post it
below in a moment but first :
We need to keep"trading" this market not invest in it..If you recall on Friday I said once we hit 58 on the stochastics on the daily SPY chart and
because Geitner would not let the market drop below 888 the probability would be high that we would go to the 200 day and thats what happened we hit
58,I the had JR while I was on the radio post an alert for traders to buy the SPY going into the close.... 3:53 Alert Traders if your going to get
into the SPY [long] you have to get it tonight going into the close...as I knew there would be a high probability of a "gap up" opening and sure
enough that's what were going to get this morning.Like I said because we were in spitting distance of the 200 day moving average there would be a
very high probability Geitner would take us there. Now we look for a brakout point failure..
Are The Markets Being Propped Up?
Since the massive rally began in early March, the markets have soared between thirty and forty percent. Every time analysts, media, or economists
question the rally and point to simple overbought stocks or specific sectors, after a small pullback, the market seems to mysteriously rally once
There have been many questions about the validity of the rally. Questions about whether or not the Government, Treasury, Federal Reserve or even the
PPT (Plunge Protection Team aka Presidents Working Group) have been behind it. Let's examine closer.
The rally seems to have been a two part rally. One with volume and one without. When looking at the chart of the S&P 500 from March 6th, the bottom,
to April 2nd, volume was very heavy. Since then, volume has been almost nonexistent. In fact, volume has continued to get lighter over the last couple
weeks. Those that live and breathe the market know that light volume can make the markets susceptible to manipulation or propping.
[edit on 1-6-2009 by BornPatriot]
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[edit on 6/1/2009 by JacKatMtn]