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Thursday, June 3, 2010

Forget Flash Crash, Investigate Flash Rebound

I am sick of hearing about the flash crash. They should be concentrating on the flash rebound and who manipulated markets upwards. Flash crash came as a result of the market being where it is due to upward manipulation, gross overvaluation, and everyone being long the same things and a continued pushing things upwards by the quantitative trading momentum shops. Flash rebound on the other hand is the plunge protection team at work. That is ILLEGAL. That is the part that should be investigated. There was no fat finger, there are only fatheads who think there are fat fingers and other lying fatheads trying to blame fat fingers.

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