Another unnatural act of the market under Obama, widespread, many issues
Absent news, a stock, any stock does not routinely free-fall in the morning (that is real sellers wanting out and manipulators stepping aside) and then rebound 3%+ and find a 1/10% trading range and dither all day, that is bots trading with each other by arrangement and skimming from chasers..
Obama had the malaysian jet shot down so he could take the heat off his orders to his muslim family to attack Benghazi and kill the ambassador. Then they hid the plane's debris to extend the news days more, hoping people won't find out about Benghazi. He may have done it to cover up his orders to the IRS to target the tea party. What were the other ones he did,? I forgit..he won the election because he said we can keep our plans is another one. I noticed the aca says that too, but what the heck, he got elected by saying it anyways.
"What is it in your little paranoid brain that connects this with Obama ??"
Do you recall about !pril 2009 Obama had a meeting with Geithner, Bernake and came out and said "buy stocks"?
Clearly the fix was in at that point to make people "feel richer"
You do realize Market analysts far smarter than you (low hurdle anyway) say without the Fed the DOW would be multiple thousands lower.
Do you think physically or electronically putting ink on paper literally "creates" wealth? Or have you considered that is an illusion for the short term and, like the conservation of energy and matter physics dictates there will be a full price to pay at some point?
"Why would real sellers want out in large numbers absent any news ??"
Uhm, because they know it's a pump scam and it's time to book profits?
Because they have news the public does not have?
Trade what you see, you see millions of shares exiting, you don't rush to buy until you find out why and confirm they are done. You certainly don't bid it right back up into the downdraft, to suggest anyone with enough money to move a big issue would is crazy UNLESS they have the program to know what to expect, what the plan is going forward.