really that's how they make money TRADEING , while we set and DREAM and hope !
buy and hold is a thing of the past. Traders are the dominating force in this market.
If you cant beat 'em, join 'em
Plausible assessment, especially considering that Bloomberg news "leaks" about bad loans not yet fully accounted also seems like something everyone has known about for a while, the timing is extremely suspicious.
Sentiment: Strong Buy
Bloomberg has quiet bit of bias! You are correct about the suspicion.
Its called manipulation! Look at AIG today.