Stocks: Market Crash Looming

[HOLLYWOOD]

LOL! CNBC is saying it's a "Glitch in the Market" and "This is just an Aftershock from the original crash, not a double dip in the economy" Now they have their advertisers on saying they are holding and buying...not selling.

R U fuckin kidding me?

CNBC PUMP MONKEYS!

 

[dwdollar]

Just a glitch. Nothing to see here. Move along, move along.

 

[jclay2]

What is going to happen when all of the mom and pops get home and see the news that the down temporarily dropped a 1000 points and greece is about to enter chaos.

 

[MsDoodahs]

What is going to happen when all of the mom and pops get home and see the news that the down temporarily dropped a 1000 points and greece is about to enter chaos.

Will that even be on the news tonight?

 

[HOLLYWOOD]

High Frequency Trading...

Now where's those movie video clips of: Trading Places, the traders lauch out of the men's room stalls 2 the Bell or that ATC guy in the movie Airplane; when he pulls the plug on the runway lights and says, "Just Kidding" and plugs the cord it back into the socket.

 

[torchbearer]

Will that even be on the news tonight?

american idol shocker will be headlines.

 

[MsDoodahs]

american idol shocker will be headlines.

Yep, that's what I thought.

 

[jth_ttu]

Ok I dont know alot about economics I just usually read the posts in here. Can someone explain to me what PPT is?

 

[devil21]

Ok I dont know alot about economics I just usually read the posts in here. Can someone explain to me what PPT is?

Plunge Protection Team aka President's Working Group on Financial Markets. google it.

 

[ChooseLiberty]

Officially calling bullsh*t on the PG "glitch theory".

 

[Original_Intent]

Ok I dont know alot about economics I just usually read the posts in here. Can someone explain to me what PPT is?

It's an acronym for the "Plunge Protection Team" aka the President's working group on financial markets. They are called the Plunge Protection Team because it is suspected that they manipulate the market, especially to mitigate sudden large drops in the market.

 

[MsDoodahs]

PPT is why, when Obama goes on tee vee to talk, the market doesn't tank. lol....

 

[audienceofone]

This just in

Market crash no longer looming......

 

[ChooseLiberty]

PPT

http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm

 

[jclay2]

"Bulletin : NYSE says it experienced no technical glitch during virtual free fall"

Can anyone back this up. If so, that sh** was the real deal.

 

[MsDoodahs]

that is being reported on CNBC, JC

 

[ChooseLiberty]

The market was already going down. The "glitch" was an excuse and is incredibly suspicious.

"Bulletin : NYSE says it experienced no technical glitch during virtual free fall"

Can anyone back this up. If so, that sh** was the real deal.

 

[slava]

bots were selling nothing serious

 

[ChooseLiberty]

Oh no, CNBS has called in Tyler Mathison.

Must be serious. LOL.

CNBC reporting - nothing to see here. Major firm typed in a B instead of an M. LOL.

 

[jclay2]

Take a look at that dow again. algos are reversing. Holy crap, this day is hilarious. Watch us close positive for the day!