Friday, November 21, 2008

Wall Street (continued)

Do any of you doubt me when I say these last hour "market" moves in the stock market are total fiction--computer manipulation? Don't.

If you really believe, after you think about it, that it is possible for there to be any real developments in the last hour on Friday afternoon to justify these kind of market "swings", especially in the Dow, then you are as stupid as some of the people on Wall Street (where even if some of the "smart guys" are making money, they are doing so at the cost of ruining the entire "system", and maybe the country).

Nope. It is simply impossible for there to be the type of "news" on Friday afternoon to justify a 250 point move in the Dow in 15 minutes. That such moves are routine now merely confirms that the system is broken, and that something should be done about it.

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