General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDoes ANYONE doubt that trumpy manufactured the swings in the stock market Friday and today so that
his family and 'friends' could benefit?? SEC is a joke these days.
vapor2
(4,701 posts)Bernardo de La Paz
(60,320 posts)EdmondDantes_
(1,967 posts)He's a super genius in the same sense that Wile E Coyote is.
Happy Hoosier
(9,573 posts)Theyll short the market he makes the announcement, the market plummets, friends and family make a mint. They then long the market, he TACOs and they make a mint again. Pure corruption.
D_Master81
(2,615 posts)saw a video on YouTube by Voidzilla I think it was that someone began placing $80 million worth of shorts against Bitcoin and Ethereum in the 12 hours before Trumps tariff tweet about 100% against China, all the way up to the last short order being 1 minute before the tweet. 30 minutes later all the shorts were closed and the person walked with $190 million.
CanonRay
(16,205 posts)This is the link. Hopefully able to view
CanonRay
(16,205 posts)Prairie Gates
(8,344 posts)Kakistocracy and capitalism.
The Madcap
(1,948 posts)Since so much of the market trading is automated now, I would think any downturn would be seen by the computers as a buying opportunity. Remember that computers don't have emotions like fear.
Say something outlandish. Watch people sell. Buy shares. Watch the computers buy. Sell for profit. Rinse and repeat.
Cosmocat
(15,453 posts)were even more clearly scripted than normal ...
D_Master81
(2,615 posts)I posted the video above about it. Just another Friday in Trumps America. As long as hes in office it will be a rinse and repeat in crypto since theres no laws about insider trading yet