Big Wet's Stock Talk 5-6-10
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10:13
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This was a CURRENCY/CARRY TRADE crisis, involving the YEN, probably by one of the Primary Dealers /Hedgefunds (GS, JPM) maybe deliberate. Go to globaleconomicanalysis.blogspot, Mish's blog ,and read this entry !! :
"Equity Plunge Yen Connection; Reflections on Ponzi Markets and Program Trading"
irenderit 1 year ago
doesnt seem like a 1 hr shakeout satisfies the technicals as most were at work and didnt even knowit happend till later. i know the weekly 50 was hit for a split second.
SGDeGalvez 1 year ago
Bigwet,
Glad to see you back again. Seriously bro, you have taught me so much from this video. Basically as you put it they have managed to drive down the market to bounce off a major support and then back again in order to set up the fake rally and convince the financial press that we have seen the worst and are on our way up again. When you said that I had an Aha moment. Bro, rock on, and I wish you all the best for the future. John
mjk2k 1 year ago
hahahahahaha....
The rich get richer. the little guy gets it in the shorts.
You think the markets are real? No way.
The guys with the gazillions....are taking even more.
Here's a tip.
Invest in ammo. Lots of it.
And water, and dehydrated food.
And more ammo.
av8tor17b 1 year ago
nice one bw
good luck
cosmicguerilla1 1 year ago
fact is... paper lost some flavor to gold today. gold chart tells the story of the dwindling faith. dollar up + gold up = uh oh.
tickhound 1 year ago