BT finance is urging investors not to sell on tv advertising. BT are highly exposed to superannuation, investments, margin lending, and finance. It seems like BT finance are panicking that investors will bail out.
It's very unusual for fund managers and investment funds to almost beg investors not to sell. This could indicate fear of market run on super funds and create margin loan short falls. This also could indicate the large rebound on international markets was manipulated by large funds to prevent a melt down and apocalyptic losses.
There is no public commentary on who forced a rebound. This too is unusual, most times when there is a rebound after such large market crash there is a trail. How come brokers like Pattersons Securities dont know who is doing the buying?
