Equity Markets Smell Rigged 3/7/11

Discussion in 'Trading' started by Trendytrader, Mar 8, 2011.

  1. My sense of smell tells me the wall street equity markets are rigged.

    It sure as hell looks like external action to hold markets above magic 1300 and 12k DOW. As soon as the trend starts to accelerate downward to the magic floor numbers buying action appears.

    When you look at the macro climate civil war in middle east spreading and oil above $105/bbl we should already be at 1200 and 10k DOW. The economy cannot sustain $100/bbl oil period.

    This markets smells rigged.
     
  2. You're making a mistake in assuming market and economy must show a perfect correlation.
     
  3. ammo

    ammo