Did anyone hear... (Huckabee, elect, work, market)
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or watch Mike Huckabee last night on his new show? I watched it and he was saying that he has a friend who happens to be an invester of some sort and that this friend was noticing that at the end of each day, like about 30 minutes or so before the close of the stock market, that there was some manipulations going on. He said that his friend told him that it seemd as if it was electronic manipulation but that he couldn't be sure. Did anyone else hear or see his show and hear that part?
This is indeed a natural fact of the way the market works. On Friday (Oct 9) for example, the electronic manipulation occurred when the market opened 700 down. It was caused by overnight computer trades. The down turn in the last hour Friday was expected due to the way many investors took some profit sharing after the 300 point gain mid-day.