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unblock

(52,196 posts) Wed Dec 26, 2018, 08:52 PM Dec 2018

Dow soars over 1,000 points right after Mnuchin starts talking about the plunge protection team

But I'm sure it's a complete coincidence....

10 replies

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Dow soars over 1,000 points right after Mnuchin starts talking about the plunge protection team (Original Post) unblock Dec 2018 OP

This seesaw stuff is scary. Iliyah Dec 2018 #1

Such is often the nature of a bear market. Yo_Mama_Been_Loggin Dec 2018 #3

You thinking a newblewtoo Dec 2018 #6

I'm sure the Federal Reserve was buying like crazy today. roamer65 Dec 2018 #2

Buying what? A HERETIC I AM Dec 2018 #4

Perhaps a citation for that claim is in order? nt Codeine Dec 2018 #5

Why is Munchkin controlling the Markets? El Supremo Dec 2018 #7

I'm told it's a pension fund portfolio rebalance Turbineguy Dec 2018 #8

Hopefully this is the sign of a turn around, but I doubt it. n/t musicblind Dec 2018 #9

I predict a 1500 drop tomorrow. Just a Weirdo Dec 2018 #10

Iliyah

(25,111 posts)

1. This seesaw stuff is scary.

Reply to unblock (Original post)

Wed Dec 26, 2018, 08:58 PM

Dec 2018

As quick as it went up it can quickly go down.

Yo_Mama_Been_Loggin

(107,919 posts)

3. Such is often the nature of a bear market.

Reply to Iliyah (Reply #1)

Wed Dec 26, 2018, 09:06 PM

Dec 2018

newblewtoo

(667 posts)

6. You thinking a

Reply to Yo_Mama_Been_Loggin (Reply #3)

Wed Dec 26, 2018, 09:41 PM

Dec 2018

dead cat bounce? Maybe.

roamer65

(36,745 posts)

2. I'm sure the Federal Reserve was buying like crazy today.

Reply to unblock (Original post)

Wed Dec 26, 2018, 09:04 PM

Dec 2018

They usually shove their dirty ops through JP Morgan Chase.

A HERETIC I AM

(24,365 posts)

4. Buying what?

Reply to roamer65 (Reply #2)

Wed Dec 26, 2018, 09:22 PM

Dec 2018

Stock? Or US Treasuries?

They usually shove their dirty ops through JP Morgan Chase.

Can you provide a source for this assertion? I'm interested to read about this.

If you are suggesting the Federal Reserve Bank buys shares of stock of private companies, I can not find ANY source that confirms this.

Codeine

(25,586 posts)

5. Perhaps a citation for that claim is in order? nt

Reply to roamer65 (Reply #2)

Wed Dec 26, 2018, 09:26 PM

Dec 2018

El Supremo

(20,365 posts)

7. Why is Munchkin controlling the Markets?

Reply to unblock (Original post)

Wed Dec 26, 2018, 09:53 PM

Dec 2018

They are completely unstable.

Turbineguy

(37,317 posts)

8. I'm told it's a pension fund portfolio rebalance

Reply to unblock (Original post)

Wed Dec 26, 2018, 10:15 PM

Dec 2018

from bonds to stocks. $64 billion worth. It may take a few more days.

musicblind

(4,484 posts)

9. Hopefully this is the sign of a turn around, but I doubt it. n/t

Reply to unblock (Original post)

Wed Dec 26, 2018, 10:27 PM

Dec 2018

Just a Weirdo

(488 posts)

10. I predict a 1500 drop tomorrow.

Reply to unblock (Original post)

Wed Dec 26, 2018, 10:28 PM

Dec 2018

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