RE:What a shocking, surprising comeback!Not so fast MyHugeErection. The carnage is still not over yet. All of the markets came crashing back down again. All of the markets are back in the red. The sell off blood bath continues.
Never seen anything like it before. Just check out the chart patterns of each of the market indices. All pretty much similar to one another. Pretty freaky and mind numbing. Don't know what to make of it. Now if that's not volatility, I really don't know what is.
And all of the markets are still going down as I type. I don't think this is caused by the average, everyday retail investor nor daytraders. It's all way, way, way too contrived and risky to play with this kinda fire and not get burned. It's not something a retail guy or a daytrader would do.
I strongly suspect the market makers are manipulating the market and causing these sudden, drastic, super volatile, seldom seen before wild market swings.
Anyone here have any thoughts on this?