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Title: What If The "Crash" Is as Rigged as Everything Else?
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URL Source: http://www.oftwominds.com/blogaug15/rigged-crash8-15.html
Published: Aug 27, 2015
Author: Charles Hugh Smith
Post Date: 2015-08-27 11:33:59 by christine
Keywords: None
Views: 64
Comments: 3
Take your pick--here's three good reasons to engineer a "crash" that benefits the few at the expense of the many. There is an almost touching faith that markets are rigged when they loft higher, but unrigged when they crash. Who's to say this crash isn't rigged? A few things about this "crash" (11% decline from all time highs now qualifies as a "crash") don't pass the sniff test. Exhibit 1: VIX volatility Index soars to "the world is ending" levels when the S&P 500 drops a relatively modest 11%. The VIX above 50 is historically associated with declines of 20% or more--double the current drop. When the VIX spiked above 50 in 2008, the market ended up down 57%. Now that's a crash. Poster Comment: We are living in the Twilight Zone.
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#1. To: christine (#0)
Monday was the perfect opportunity to load up on depressed stocks.
-Alex Kurtagic
#2. To: X-15 (#1)
As urged here and mebbe nowhere else. Just curious -- did anybody do it?
#3. To: NeoconsNailed (#2)
I don't do equities.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
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