Market manipulation went into overdrive.......

Today was a classic case of "group of well heeled traders getting very greedy".....

Market was manipulated to the 9's.....

Explanation given is almost "childish"

One lonely trader could not tell the difference between "a billion & a million" but is authorized to trade billions without any supervision......????

NYSE & Nasdaq are "too embarrassed to allow this to happen in such an organized manner"..so they are cancelling all the trades for that manipulated window...

I personally believe this is another case of "hush hush & wink wink approach"

Many pundits are claiming that today was NOT a capitulation & telling everyone to sell & NOT buy stocks until they give all clear......

Prices are extremely attractive for aggressive buying....

RSI has come down to the lowest level of early Feb as listed below :

Nasdaq 33.01

S&P 500 33.37

Dow 33.41

Investing & swing trading should be done @ current low low prices.......

This whole mayhem was nothing but a full fledged correction which has run its course...Greece, Spain , Portugal,Italy & Ireland Debt was the catalyst for this correction.....those are all "minor economies" which will NOT take world economies down......this is PUNY compared to financial mess we faced in 08.....

YES..once we start going UP as we have exhausted all the selling.....we will hear that Greece is NOT a problem anymore ????

AH Futures are GREEN

AH Asian markets are taking their turn in selling but Hang Seng MAY turn green......& Shanghai also down 1%...so "no supercomputers manipulation going on in Asia"

AH Oil,Gold,Silver UP....

BLOG does NOT give buy or sell.

Saleem