Citi denies any such “trading error”. Nor is one likely. This is simple market manipulation. A true drop followed by a Fed all stops pulled out market manipulation.
Dow less than 7,000 by November is my prediction unless hyperinflation begins, in which case we will have Dow 30,000 with a dollar that’s worth 10 cents in purchasing power.
http://finance.yahoo.com/news/Trading-Error-at-Major-Firm-cnbc-434682061.html?x=0
Citi denies any such “trading error”. Nor is one likely. This is simple market manipulation. A true drop followed by a Fed all stops pulled out market manipulation.
Dow less than 7,000 by November is my prediction unless hyperinflation begins, in which case we will have Dow 30,000 with a dollar that’s worth 10 cents in purchasing power.