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BAIDU INC ADS (BIDU) 427.59 red arrow -$0.42 (-0.10%) 06:14PM (15 mins delay)


A Crazy October

Nov 02, 2009 - 4:23 PM EST

Phil Davis submits:

What a crazy month we had!

The Dow began the month of October at 9,712 and finished the month of October at EXACTLY 9,712. Now I don’t want to say the market is manipulated but… No, I’ve got nothing, there are no buts - the market is totally manipulated! Either that or you believe that the random outcome of tens of millions of traders around the globe trading hundreds of billions of shares of stock would just so happen to begin and end the month within .50 after going as low as 9,378.77 (on the 5th) and as high as 10,157.94 (on the 21st). So that is literally a 1 out of the 779-point swing coincidence to hit that 9,712 nail on the head.


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Source: Seeking Alpha (Nov 02, 2009 - 4:23 PM EST)



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