Brainstorming Tuesday

again market manipulation in the most pathetic way - the rothschild rockefeller gang looses all subtile measures as they bluntly do not even pretend its a regular market. they got full support by their banksters as they hold up to their end to keep the mergers running. this last minute ramp up of the market on the last trading day was not unexpected but have at least the courtesy to pretend its a real market one could say. desperation comes to mind as we had a heavy volume day. in any way we will have some sort of low soon as the manipulators will suceed short term to trigger another leg and they try to make the 1040 work with agressiv buying but we have a chance of 50 percent still it starts from 990-1000 spx. the job numbers on friday before the long weekend will make the difference but we all know how much those numbers are cooked as well.

excerpts

The Last Minute Ramp Job Dissected

Submitted by Tyler Durden on 08/31/2010 15:43 -0500

How do you prevent a 5% drop in a month (which as Credit Trader points out is precisely what the last minute ramp achieved)? A reader explains:

approx 175k ESU0 traded between 3:59 and 4:00 - $9.1B notional. in the 16 minutes between 3:59 and 4:15 just under 300k contracts traded total (12% of full day / overnight volume --- 200% of the previous 5 trading days) for total of $15B notional

And now you know. Beginning tomorrow, the stock market will open at 3:59 pm and close at 4:15 pm . Traders rejoice as this will open up whole new unexplored avenues to kill time during the day with trips to Scores and Baltusrol.

Victory For The Fed As 10K Holds; Volume Surges On Unchanged Market

Submitted by Tyler Durden on 08/31/2010 15:08 -0500

In a day in which volume surged to one of the highest total days in all of August, if not the summer, the FRBNY's Brian Sack can claim victory: Dow closed above the ridiculous 10K level, which for some ungodly reason everyone in the administration sees as the Maginot line of the depression. And despite the spike in volume, the market closed virtually unchanged on the day, even as futures go nuts after hours where it has once again become a felony to sell or put on shorts. Confirming that the market is totally, irrevocably broken, the HY index closed at the day's wides, as futures closed at the highs. Calling this robotic farce a shitshow is an insult to shit and to show. And will the last guy out at Liberty 33 please turn off the "buy everything" program currently raging in the AUDJPY. We got the memo: the FRBNY is in charge.