Comments on: Did Wall Street’s “Specialists” Save Us from a 1,300-Point Decline on Monday?

By: Richard Brake

Richard Brake — Mon, 06 Oct 2008 09:31:57 +0000

The specialsts are the ones who set prices, so why would they buy stocks for altrustic reasons. Most Americans are starting to catch onto the corruption.

By: Richard Brake

Richard Brake — Mon, 06 Oct 2008 09:27:51 +0000

The plunge protection team wouldn’t know how to keep the market from plunging as you saw last Monday…

By: Richard Brake

Richard Brake — Mon, 06 Oct 2008 09:26:33 +0000

I can’t believe you are giving the specialists credit for the DOW falling 770 and not 1,300. It is the specialists who are the cause of the market’s fall in the first place. Who do you think sets the prices? I think you need to read Richard Ney’s books so you can become educated. You have it backwards.
Do you actually believe that on Monday Americans said, “Geez, the bailout didn’t pass congress so I better sell my stocks?” Do you acutally believe that the following morning these same Americans said, “Well today I think I’ll buy those stocks back?” On Tuesday there were five news stories, four negative, and one positive. The media credits the one positive story for the reason stocks went up….like people are really going to zero in on one story and buy stocks. The specialists just raised prices so they could sell the stocks they purchased for their own accounts on Monday, after they scared the public out of them by dropping prices on the bad news of the bailout not being passed. If you are going to write for Monday Morning, I suggest you get educated and not mislead your readers. But, hopefully your readers will be smart enough to figure it out for themselves…

By: Bill Frome

Bill Frome — Sun, 05 Oct 2008 21:19:19 +0000

I am surprised no one has mentioned the “Plunge Protection Team” in keeping the market from crashing

http://www.rense.com/general52/secretsoftheplunge.htm

More of our tax dollars at work.

By: RevolutionRadio.org » Blog Archive » Did Wall Street’s “Specialists” Save Us from a 1,300-Point Decline on Monday?

Sun, 05 Oct 2008 15:28:42 +0000

[...] MoneyMorning.com [...]

By: Gregory Kitchener, O.D.

Gregory Kitchener, O.D. — Sun, 05 Oct 2008 12:31:33 +0000

Could I please get references for your statistics about the information in a conversation (7% words, 38% tone of voice, etc., 55% non-verbal).

Thank you,

By: P.Tyler

P.Tyler — Sat, 04 Oct 2008 15:12:24 +0000

R Stonesifer ,
I am no pro but when I bought into this down market it was altruistic.
The fact/hope that a $ will be made on the turn around had nothing to do with it.

By: Jason Pinto

Jason Pinto — Fri, 03 Oct 2008 21:22:14 +0000

had the SEC not declared martial law and banned shorts, then forced short covering would have provided liquidity on the buy side as well.

By: Tom

Tom — Fri, 03 Oct 2008 17:04:18 +0000

Couldn’t agree more stonesifer. Do you think these “specialists” began buying into the market to stem the losses of others. Of course not.

US stocks have much further to fall. When P/E reach less then 10 and maybe even 5, that will be the bottom. When unemployment skyrockets in the coming recession, default on debt repayments will increase even further. No amount of money printing and easy credit from the fed can stop it, or the immenent collapse of the US dollar.

By: It could have been worse, much worse..

It could have been worse, much worse.. — Fri, 03 Oct 2008 15:41:31 +0000

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