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Thu Dec 27, 2018, 09:14 PM

 

Stock market up today. Guess the manipulators did their job.

Trump, Munchkin and Wilber.

19 replies, 1734 views

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Reply Stock market up today. Guess the manipulators did their job. (Original post)
Kajun Gal Dec 2018 OP
Muzilee10 Dec 2018 #1
WhiteTara Dec 2018 #5
A HERETIC I AM Dec 2018 #7
WhiteTara Dec 2018 #8
A HERETIC I AM Dec 2018 #9
WhiteTara Dec 2018 #11
A HERETIC I AM Dec 2018 #13
WhiteTara Dec 2018 #14
manor321 Dec 2018 #2
brooklynite Dec 2018 #3
onenote Dec 2018 #15
Crabby Appleton Dec 2018 #16
Roland99 Dec 2018 #4
moondust Dec 2018 #6
roamer65 Dec 2018 #10
OnlinePoker Dec 2018 #12
Vinca Dec 2018 #17
TheFarseer Dec 2018 #18
wishstar Dec 2018 #19

Response to Kajun Gal (Original post)

Thu Dec 27, 2018, 09:17 PM

1. 2nd bite of the apple

Tomorrow more buying by the fat cats. Hang on for a bumpier ride than Dec 24th.

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Response to Muzilee10 (Reply #1)

Thu Dec 27, 2018, 09:36 PM

5. Hi Muzilee10

Welcome to DU! Yep, tomorrow the fat cats skim the milk off the 401Ks -- They already taken the cream.

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Response to WhiteTara (Reply #5)

Thu Dec 27, 2018, 11:26 PM

7. Can you explain what you mean by that?

tomorrow the fat cats skim the milk off the 401Ks -- They already taken the cream.


What is it you are trying to say, and/or by what process or mechanism do you think this actually happens?

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Response to A HERETIC I AM (Reply #7)

Fri Dec 28, 2018, 12:31 AM

8. 2nd bite of the apple

in different words?

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Response to WhiteTara (Reply #8)

Fri Dec 28, 2018, 12:38 AM

9. Nope. Sorry.

Still at a loss.

"Skim the milk off the 401k's"

What do you mean? Please. I'm seriously wondering what it is you think this statement is supposed to convey.

No need to be cryptic or clever, just tell me what you actually mean.

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Response to A HERETIC I AM (Reply #9)

Fri Dec 28, 2018, 10:17 AM

11. That as more dump their

stocks, the better the deal for the whales?

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Response to WhiteTara (Reply #11)

Fri Dec 28, 2018, 11:13 AM

13. Ah. Now I understand.

That makes it crystal clear.












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Response to A HERETIC I AM (Reply #13)

Fri Dec 28, 2018, 11:25 AM

14. Now you know

why I don't spend money in the stock market.

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Response to Kajun Gal (Original post)

Thu Dec 27, 2018, 09:19 PM

2. Yeah, down all day, skyrocketed at the end. And the futures are down.

 

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Response to Kajun Gal (Original post)

Thu Dec 27, 2018, 09:21 PM

3. Or...fewer people trade between Christmas and New Years and result is big gyrations...

I'll go with my wife's assessment (she's a major Wall Street lawyer)

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Response to brooklynite (Reply #3)

Fri Dec 28, 2018, 11:39 AM

15. +1

DU has s fair share of folks who have definite opinions about how the market works but actually have no experience with the market.

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Response to onenote (Reply #15)

Fri Dec 28, 2018, 12:08 PM

16. Indeed. nt

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Response to Kajun Gal (Original post)

Thu Dec 27, 2018, 09:21 PM

4. Squeezed the hell outta the shorts

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Response to Kajun Gal (Original post)

Thu Dec 27, 2018, 10:57 PM

6. What did they have to promise?

More tax cuts for billionaires? More deregulation? Less white collar crime enforcement? Or just a general promise of gubment so small you can drown it in a bathtub?

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Response to Kajun Gal (Original post)

Fri Dec 28, 2018, 12:45 AM

10. Pump and dump.

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Response to Kajun Gal (Original post)

Fri Dec 28, 2018, 10:20 AM

12. Plunge Protection Team on full throttle. n/t

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Response to Kajun Gal (Original post)

Fri Dec 28, 2018, 12:12 PM

17. I've been wondering about that, too. Someone is getting awfully rich off the stock market.

The crime family has to be involved.

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Response to Kajun Gal (Original post)

Fri Dec 28, 2018, 12:53 PM

18. Don't blame market manipulation

It looks like fear of missing out to me. Big money managers think a lot alike and they have to. If everyone else’s fund is up because they’re in the market and you’re on the sidelines, that looks so bad. You’re going to lose investors or at least have a lot of explaining to do. Computers only make them move in lockstep even more. And what started the rally? Prices fell so fast, people saw stocks at prices much lower than they sold for earlier and figured they couldn’t go too wrong buying at this level.

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Response to Kajun Gal (Original post)

Fri Dec 28, 2018, 01:04 PM

19. Mnuchin has to be breathing a sigh of relief

He is not yet on chopping block, but another big downturn could seal his fate.

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