With
less than an hour of trading left in the day, the PPT or its agents
stepped in to prop up the stock market
Posted
By: NaturalWisdom
Date: Thursday, 27-Aug-2015 16:57:16
Date: Thursday, 27-Aug-2015 16:57:16
With
today's 300+ surge in the Dow following yesterday's 600+ rise, the
shills and talking heads who appear on the financial news networks are
likely to proclaim that the stock market correction is over and that
'Happy Days Are Here Again.' If you take a closer look at today's
charts, however, a different picture
emerges: From 2-3pm New York time, stocks were tanking and on the verge
of losing their morning gains. Suddenly, a White Knight appeared to
send stocks soaring to the best levels of the day.
Below is the S&P 500 ETF chart for Aug 27, 2015 (the Dow 30 chart looks similar).
https://finance.yahoo.com/q?s=SPY
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