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Stock market up today. Guess the manipulators did their job. (Original Post) Kajun Gal Dec 2018 OP
2nd bite of the apple Muzilee10 Dec 2018 #1
Hi Muzilee10 WhiteTara Dec 2018 #5
Can you explain what you mean by that? A HERETIC I AM Dec 2018 #7
2nd bite of the apple WhiteTara Dec 2018 #8
Nope. Sorry. A HERETIC I AM Dec 2018 #9
That as more dump their WhiteTara Dec 2018 #11
Ah. Now I understand. A HERETIC I AM Dec 2018 #13
Now you know WhiteTara Dec 2018 #14
Yeah, down all day, skyrocketed at the end. And the futures are down. manor321 Dec 2018 #2
Or...fewer people trade between Christmas and New Years and result is big gyrations... brooklynite Dec 2018 #3
+1 onenote Dec 2018 #15
Indeed. nt Crabby Appleton Dec 2018 #16
Squeezed the hell outta the shorts Roland99 Dec 2018 #4
What did they have to promise? moondust Dec 2018 #6
Pump and dump. roamer65 Dec 2018 #10
Plunge Protection Team on full throttle. n/t OnlinePoker Dec 2018 #12
I've been wondering about that, too. Someone is getting awfully rich off the stock market. Vinca Dec 2018 #17
Don't blame market manipulation TheFarseer Dec 2018 #18
Mnuchin has to be breathing a sigh of relief wishstar Dec 2018 #19

WhiteTara

(29,715 posts)
5. Hi Muzilee10
Thu Dec 27, 2018, 10:36 PM
Dec 2018

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

A HERETIC I AM

(24,368 posts)
7. Can you explain what you mean by that?
Fri Dec 28, 2018, 12:26 AM
Dec 2018
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?

A HERETIC I AM

(24,368 posts)
9. Nope. Sorry.
Fri Dec 28, 2018, 01:38 AM
Dec 2018

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.

brooklynite

(94,572 posts)
3. Or...fewer people trade between Christmas and New Years and result is big gyrations...
Thu Dec 27, 2018, 10:21 PM
Dec 2018

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

onenote

(42,703 posts)
15. +1
Fri Dec 28, 2018, 12:39 PM
Dec 2018

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

moondust

(19,983 posts)
6. What did they have to promise?
Thu Dec 27, 2018, 11:57 PM
Dec 2018

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?

Vinca

(50,273 posts)
17. I've been wondering about that, too. Someone is getting awfully rich off the stock market.
Fri Dec 28, 2018, 01:12 PM
Dec 2018

The crime family has to be involved.

TheFarseer

(9,323 posts)
18. Don't blame market manipulation
Fri Dec 28, 2018, 01:53 PM
Dec 2018

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.

wishstar

(5,269 posts)
19. Mnuchin has to be breathing a sigh of relief
Fri Dec 28, 2018, 02:04 PM
Dec 2018

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

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