I'm intrigued by the timing of "I'm out what a relief". Relentless downramping, day after day after day, ends with "I'm out" almost exactly at the lowest share price. The share price has climbed strongly from that exact moment.
What I would like to know is: Was the long share price decline, and the subsequent recovery, caused by the downramping and its end? This might seem like a naive question, since it is generally accepted that HC has little effect on share prices. But what if the downramping was just part of a concentrated effort by shorters to force down the share price? In other words, the apparent dreadful timing by our "I'm out" friends wasn't a disaster for them but a triumph ... having shorted SXY and manipulated the share price down, they cashed in their ill-gotten gains and stopped downramping. We are the mugs, not them.
Far-fetched? Maybe not. There are so many signs out there that the market is being manipulated - all the trades in 1 share for example - that it seems very plausible to me.
I certainly have zero faith in the regulators - the people who are supposed to keep the market honest.
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