– Dow Dumps Almost 1000 Points From Highs To 6-Month Lows, Crude Carnage Continues (ZeroHedge, Aug 6, 2015)
The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– Dow Dumps Almost 1000 Points From Highs To 6-Month Lows, Crude Carnage Continues (ZeroHedge, Aug 6, 2015)
The way they manipulate the closing numbers is very disturbing. The other day, they lost over 150 points at closing. At fifteen past the hour, it closed down 98 points…………that is over fifty Billion dollars……..In all my years of market watching and study, I have never seen a closing adjustment so huge. One or two billion, yes, but over fifty?
There are some bad things happening, and it isn’t being helped by the few greedy guts in power.
As for the DOW dropping 1000 points, I was surprised to see the greedy guts allow it under 17.5…….Could greedy guts be losing control? Europe losing all over this Friday…….
Since only a few now control the markets, I expected to see them go higher……..DOW down for 7th day in a row, the others down for 5……
B of A selling more of its mortgages……….mostly delinquent…….Labor participation rate near a 20 year low while working hours climb…..I read over a week ago that the wages a decade ago averaged $28,500 @ 40 hour week. Now, the wages average $28,900 @ 47 hour week……………..Wages are falling…..
Food prices continue to accelerate, but the statistic clowns don’t cover food or shelter……..
There has been no recovery since 2009, it has all been on paper……
No coverage of the 1000 plus fall, just happy horse shit….