It's now obvious why the market ``crashed``

Originally posted by worldwatcher
It can't be that obvious and simple can it?

multi faceted incident going on here.. regulations coming into play, as well as the expected correction and lots of creative bookkeeping by govts imo.

Just think about what you are saying for a moment.

Banks cooking the books and so are goverments across the world so if the goverment points the finger at the banks then not only does the economy go into meltdown but people in goverment would be hung up.

now if you was in a positon and worked in top goverment would you have the balls to comence an investigation against the banks knowing you had blood on your hands and would be strung up.

These people are not stupid so manybe the nuke bunkers will be put to good use long before any nukes start to fly and they hope the army are able to keep the people away from the entrance to the bunkers.

i can not see this game they are playing will last that long with jobs going and the price of bread going up and yes i do say jobs are still going in the USA because as the number of people in work went up (so we are told) you should also note the number of people comeing on to the jobs market who are unemployed also went up.

anyone that thinks we are going to get things back under control need only look at the deficit now, take all these A$$teriity measures for the next year and then see if the deficit has gone up or down in a years time.

i sugest the deficit will had gone up and this will continue untill the people are so tired of peddling forwards only to go backwards that they take to the streets and politicians are forced to point the finger or try to protect themselves with military law, another war or something like that.

on each side of a deal you have a winner and losser and not more than an hour ago I purchased some silver, tested it and handed over the cash to a guy that obviously exspected the price to go down, stay still or had a better plan so once we were both happy with the deal we had a chat about the economy and during that chat you could see he was questioning his motives and started to rub the plastic containers holding the silver so at this point i tapped his hand, joking like and said it's mine now, get off to which he smiled but you could tell he was not happy.

still his bit of paper that say i promise to pay the bearer on demand the sum of £50 with another bit of paper worth £50 or electronic digits must be worth more than shares held by golden-ball-sacks because in times of need he can always use it for tolet paper and thats just what our super heros in the euro zone, the Germans did during the 1930's you may recall.

I had trouble getting cash out the IOM to pay for this deal, they would not give me my own money so i had to transfure the money to get cash and when i told the guy selling the silver about this he said that if he draws more than £2000 out from his bank then he needs to complete a whole load of paperwork.

twenty years ago i often pulled out £2,000 cash without any trouble at all so you tell me whats going on if it's not the banks helping the goverment to stamp out cash transactions in case they loss tax on the deal. what else could it be and do remember goverments use future taxable income as security to borrow money from the banks in the first place.

Goverments and religion was once one and the same thing but now we have gone better and it's govermernts, corporations and banks that have become one and the same thing.

sorry folks but no matter what way i look at it, i always come back to the same line of thought and must need to see a doctor.

Originally posted by burntheships

The Securities and Exchange Commission aims to determine if market participants accidentally or maliciously entered orders that derailed normal trading, the people said, declining to be identified because the inquiry isn’t public. The agency will also examine if controls to prevent the rout from snowballing weren’t in place at exchanges and firms.

www.bloomberg.com...


Yeah well is that the same sec that nine years after 9/11 still have not disclosed who made all the shorts on 9/11 ?

Don't hold your breath will you.

Originally posted by Rockpuck
Oh ya... an update as to why the market crashed. Newest theory by the SEC/White House and NYSE: Computers compiling data regarding surging Yen, debt crisis, flight from European treasuries and a falling stock market decided that a SHTF scenario finally occured and began systematically dumping shares. Because these computers operate in miliseconds, not seconds or minutes, it seem instant...... though we depend on these computers to manage our largest funds.... when they give us bad news, we tell the computers that they are wrong. The Government is looking into rules regulating when and if a computer is allowed to dump shares now. Because we allllll love the "free" market.

This could be true, or it could be the official story.

There once was a time when people could purchase a home & be able to pay it off WITH ONLY ONE PERSON WORKING ONE JOB. Those days are long gone.
I watched a video where a friend of David Rockefeller was discussing a time when D.R. asked him what he thought of Women's Lib. His friend replied by saying that he thought it was sonderful. That women should be treated equal to men. D.R. then called him an idiot. He asked D.R. why he was an idiot to which his response was: We helped create the Women's Lib movement. If it had never happened, we would still be able to tax only half of the population.
Think about that, folks. They even promote something that seems right only to have it play into their real agenda.
It reminds me how I voted to not have pregnant nursing sows kept in tiny enclosures. The majority of people voted the same way.
So, what did they do? They honored everyone's wishes by slaughtering the sows.

reply to post by Afterthought


Well people are easily manipulated. Women didnt even smoke before the 1920's until a PR guy realized that tons of cash could be made from having the other part of the population smoke as well.

Today everything moves so quickly that its even possible to see from month to month how a behavior is created and adopted by people, simply by advertising and manipulating the public image of something. Its easy to do because people dont think of it as being manipulated. They never question why they watch the stuff they watch or why they get interested in certain things. They seem to assume its random.

[edit on 8-5-2010 by Copernicus]

Originally posted by Copernicus
reply to post by Afterthought

 

Well people are easily manipulated. Women didnt even smoke before the 1920's until a PR guy realized that tons of cash could be made from having the other part of the population smoke as well.

Today everything moves so quickly that its even possible to see from month to month how a behavior is created and adopted by people, simply by advertising and manipulating the public image of something. Its easy to do because people dont think of it as being manipulated. They never question why they watch the stuff they watch or why they get interested in certain things. They seem to assume its random.

[edit on 8-5-2010 by Copernicus]

You're absolutely right. We are all being manipulated in every part of our lives. I just wish I understood the need to control. Where does this come from? Why is it accepted?
It all seems to be about who's the coolest sociopath in my opinion. How many people can you control/manipulate today?
Remember in the book Animal Farm when all the animals are ready to rebel against the pigs? The pigs roll out the TV & all the animals become entranced with it & forget what they were there for. Classic book.

5 Second Bars

YMM0 - Dow Jones Industrial Average E-Mini Futures

I read in the paper yesterday that the reason that the dow crashed was because a worker from within put in the wrong amount to trade by one 0 and that caused a big difference in the market causing it to crash.

[edit on 8-5-2010 by Hatchetman]

Originally posted by LieBuster

Originally posted by burntheships

The Securities and Exchange Commission aims to determine if market participants accidentally or maliciously entered orders that derailed normal trading, the people said, declining to be identified because the inquiry isn’t public. The agency will also examine if controls to prevent the rout from snowballing weren’t in place at exchanges and firms.

www.bloomberg.com...


Yeah well is that the same sec that nine years after 9/11 still have not disclosed who made all the shorts on 9/11 ?

Don't hold your breath will you.

Oh I am not holding my breath, you might have missed a key component of my post, where I specifically said "they will not incriminate themselves".

In fact, I would go as far as agreement with the following...herein I think we find the real culrpit for the flash crash.

High-speed trading, which uses sophisticated computer algorithms based on specific scenarios to automate transactions at speeds in the millionths of a second, now accounts for about 60 percent of U.S. equity volume.

"The potential for giant high-speed computers to generate false trades and create market chaos reared its head again today," Senator Edward Kaufman said in a statement.

"The battle of the algorithms -- not understood by nor even remotely transparent to the Securities and Exchange Commission -- simply must be carefully reviewed and placed within a meaningful regulatory framework soon."

Kaufman and Senator Mark Warner -- both Democrats -- said Congress needs to investigate the plunge, which at its deepest point wiped nearly $1 trillion off equity values.

And a House panel has slated a hearing on the causes for the market swoon for next Tuesday, with its chairman, Rep. Paul Kanjorski, urging the SEC to investigate as well.

The scary afternoon in markets came at a bad time for Wall Street, already reeling from accusations that it is a rigged casino -- a criticism stoked by recent civil fraud allegations against Goldman Sachs Group Inc.

www.reuters.com...

With that said, let me also say that the timeing was perfect. IMO, the capitulation began (for whatever reason) after 2:30 when the stops are taken out of play. The stop after 2:30 is 1050 points down.
How interesting that the freefall went right up to that mark.

I am not looking to the SEC to actually do thier job, they are good at ignoring giant Ponzi Schemes like Madoff even when someone holds thier hand and walks them right up to the door. No, the SEC will not do what they are paid to do, what they were created to do, agreed.
This investigation is no doubt is an appeasment, albeit one from pressure, from someone somewhere putting enough pressure down for the SEC to investigate Goldman Sachs for fraud. What kind of fraud might that be? Exactly THIS kind of fraud, this market manipulation that takes place every day.

Just who owns the "rigging"? Who owns computers and software that trades and employs traders that execute trades beyond transparency? Hummmm........



[edit on 8-5-2010 by burntheships]

Its all bull# all one big scam, just numbers on the screen.If your going to invest in something the best thing to do is have no middlemen, better then that buy and own things that you know and work with. If the stock market were to crash all that would happen is all the fat cats wouldn't be rich no more, they dont produce anything they just take advantage of those that do by saying that they are needed. And the rest would have to live within means, and most likely more jobs would come to america and the rest of the world would have to ballance out there options. They have more to lose from it crashing and disappearing,  then the average person. Infact it's not there greed that they live off of, but the greed of the average person. Thats what they trust in and count on, there god that what never fails........ greedy idiots.

[edit on 8-5-2010 by galadofwarthethird]

Hold on, who is Paulson? Does he work for the banks or something because reading his threat of martial law
I dont like the sound of that.
reply to post by Vitchilo

Burn the ships

i was not trying to have a go at you, far from it

Just who owns the "rigging"? Who owns computers and software that trades and employs traders that execute trades beyond transparency? Hummmm........

This software is not like space invaders it's been built using the best programmers in the world, tested, stresh tested, unit tested, regression tested, peer review, audited long before it even ran on simulators and not only will it containe it's own saftey valves it will need to comply with rules built into the market and other trading systems that have saftey values.

you have more chance of all the nukes being released in the world by computer error than stock crashing in the way they say it did.

plane and simple it was a man made warning shoot carried out by the big players using manual overrides and that puts paid to any keybord error which in anycase require a 2-3 fail safe key for big trades.

once a school bully knows he can get away with threats and everyone knows their pecking order then peace will be restored but i exspect to see a few more before technical faults before we reach that level.

At least it just digits on machne right now but it could had been much worse like what happened in candia where the electrical grid system kept going dead.

Nice chart and i've seen one like it before when someone flat lined and the electro shock worked bring them back to life.

where did you get it from because it looks like the timeline is not in sync at the bottom.

Can you pull up one for gold/silver over the same period, i think a lot of people would like to see how that looks not that it's realy connected to the physical price.

i did see a plonker was trying to sell 1kg of silver the other day and was hoping to get $1000

I have the answer, but proof is hard to come by when you fear for your life. ROTHCHILDS HISTORY, you tube. Generation after generation, whats up with that? Oh, they keep changing the name to stay out of the spotlight.

[edit on 9-5-2010 by nite owl]

[edit on 9-5-2010 by nite owl]

[edit on 9-5-2010 by nite owl]

Originally posted by FritosBBQTwist
Has history not showed us that those who rule will almost always live in style?

French revolution, Rome, american cival war are but a few exceptions and for bankers we have the knights templer who met a nastie end.

Trouble is heads need to roll and we are a bit more infomed today so yes justice migh be served but i think we will need to dig thoses responcible out from underground nuclear shelters that our taxes have paid for in which case they would take pills so it's best we just weld the doors shut from the outside and see how they all get along.

if you except we are going to have a meltdown then you are forced to except we are going to have a revolution and the heads of the elite will roll or you except living under a totalitarian state and are going to be treated like cattle.

I for one will not except any type of amro replacement unless it's face value is covered by the metal content which the people demand in currency not so long ago and this is where we all went wrong by allwoing the banksters to con us.

When considering the wild things that are going to happen in the coming months, remember this key idea. There are no coincidences!!!! This stock tumble was a direct threat by the bankers, to let everyone know they own our asses. Legislation to audit the FED was being considered during this same time frame. How obvious do things have to be???

Actual real world current events will cause a crash next time. The scum bag bankers may get beat to the punch. There are plenty of meltdowns just waiting to happen.Things are just getting warmed up folks.

Most traders emphasize emotional control and risk management as essential to success.

Check-out this fellow conducting a trading webinar when the market crashed on Thursday.

BUDDY! LOOK AT APPLE COMPUTERS!

CANCEL ALL ORDERS!

CANCEL ALL ORDERS!!!







[edit on 9-5-2010 by OBE1]

Crash the market and say we didn't see it coming so you will just have to put up the electronic amro and then we can send everyone a carbon tax bill with their bank statement.

Tax recipts will go up so goverments can tax more, borrow more from the IMF. happy times for the few, bad times for the many.

Europes $1tr bailout just added about $2000 to the debt for every one that lives in euroland and if you exclude all the public sector workers then people in real jobs are going to have to find $5000-$8000 each to pay the money back and thats without interest which would be hard and taken years but add to that all the other debt and future commitments and trying to earn that in an economic downturn is nothing if not imposible.

still we could all nip off to the casino for one last roll of the dice.

The needs of the many outweight the needs of the few and a few bankers would do well to remember that.

So what's worse than a fat finger, conspiracy, or bank warning? A real market crash.

So far no evidence has been found of a specific trade that caused the crash. No artificial cause of the crash, meaning it actually was a real market crash.

If the crash was real, what recovered the market so quickly? Now that must have been an artificial mechanism. And, what will happen to the market when everyone realizes it was a real market crash?

BTW - There was $8.2Billion in bank losses in April 2010, second worst bank fail loss since IndyMac failed in July 2008 ($8.6Billion). Two months later we had the September 2008 market crash. Caution: Make sure your trailing stop losses are in place on your stock.