Stockmarkets manipulated?

[Mystery]

I just read a (Dutch) article about the Dow Jones clearly being manipulated on at least four moments.

1) after Bush's election victory at the end of october 2004
2) at the end of april 2005, when the DJ was diving to the 10000 pnt
3) after the London bombings on juli 7th.
4) right now, after Katrina hit New Orleans.

I don't understand much of these markets, but is any of you also believing this is the case? Or have you heard other people suggesting this?

A chart can be found here: Chart (at the bottom of the article) (source: www.usmarkets.nl)

[Guest]

Re: Stockmarkets manipulated?

of course its manipuilated its all insider tradeing at the very top.
the insiders create or allow chrises then profit from them. when a big govt contract is going to be let out, the big people know months in advance. there is a cosy arrangement between the "govt watchdog" comitties in congress
and the industrialists and the bankers....

every time public money is to be spent the insiders decide where the money goes then rake in their "cut".

congressmen get their cut at election time, and cosy jobs with industry when they "retire" as do military and civil service people that help decide who gets the contracts that public money is spent for. great consulting jobs where they do nothing in many cases.

one of our local congressman is reportedly going to have his 3.5 million dollar house taken by the govt for corruption.... he sure doesnt get that kind of money on a congressmans salery he was really liked too by everyone.
well except by the liberals anyway......

[Issachar]

Re: Stockmarkets manipulated?

Do a search on "plunge protection team"

Issachar

[Guest]

Re: Stockmarkets manipulated?

Do a search on "plunge protection team"

Issachar

Thank you Issachar for handling your answer that way. Rather than insert a few links that represent a single viewpoint, the search allowed me to browse around and find a broader spectrum of opinion.

Granted, there is an almost unanimous opinion that such market meddling will ulitmately be it's demise. But the descriptions range from calmly analytical to manic conspiratorial. Let each person choose whom they will believe.

[Mystery]

Re: Stockmarkets manipulated?

Do a search on "plunge protection team"

Issachar

Thank you Issachar. I didn't expect to find that much articles suggesting stockmarket manipulation. Also I haven't heard about the Plunge Protection Team before. Some believe the PPT is a myth, but there are also many that believe there is such a thing as the PPT. What is your opinion on this Issachar?

If you do believe that there is a Plunge Protection Team, do you believe that the Dow Jones is manipulated right now, after Katrina has hit New Orleans?

[Mystery]

Re: Stockmarkets manipulated?

http://www.sprott.com/pdf/pressrelea...isibleHand.pdf