The Dow is Down, and it is all Rigged!
Today the Dow Jones was down .... It is going to rebound - in my opinion. I think they pushed out the week hands by triggering the stops. Now, there will be buying...lots of buying.
Flash Crash
According to Jim Cramer on CNBC
This is "phony." The market was moving too fast for anyone to buy. He says that it is run on machines, and this is what happened. It will most likely rebound. But, It will happen again in the future.
Cramer said that the market is broken. "It cannot handle the volume. It can't handle this level of selling." It is phony.
Check this article/video out:
https://www.cnbc.com/2018/02/05/cramer-calls-the-stock-market-1600-point-plunge-a-flash-crash.html
good to know that friend thanks for the information @woody26
Sure thing...
Interesting way of looking at by "pushing out the weak". I personally think the sell off will continue for a little longer due to the Federal Reserve having a weaker balance sheet. This typically means there is less overall money in the playing field.
Check this report out by @marketreport: SPECIAL REPORT: Stock Market Meltdown? Flash-crash? No. This Is What Happened. By Gregory Mannarino
https://steemit.com/money/@marketreport/special-report-stock-market-meltdown-flash-crash-no-this-is-what-happened-by-gregory-mannarino
that was pretty interesting to say the least, i'm with him in that I was pretty much laughing at how much it dropped today lol
Manipulation...
SOOOOOOO SALLY CAN WAIT!!!!!!!!!!!!!
Oasis
I have some doubts that it will rebound. I mean look at the charts, if 2008 was a bubble....jeez. Here's my take:
https://steemit.com/finance/@lrmcdowell/update-stock-market-vs-crypto-market-the-perfect-storm-part-2