Economic terrorism...

[Doe Dumper]

Does anyone think its possible for outside interests to manipulate the market to make it tank like it has? If you guys notice it only seems to fall hard in the last hour of trading. I think they may reallize that blowing up our buildings wont hurt us at all and will only unify us....however terrorizing the financial institutions appears to have everybody in the country at each others throats and the country in disarray.

Not to say a lot of the problems werent home grown such as the mortgage deal. But what I am saying is this could be viewed by outside interests and entities who would wish our demise and see the steps that are being taken to try to stop the collapse. So then it would be real easy to step in and wreak havoc in the markets...


May be a long shot but its a definite possibility. Messing with the pocketbook of the country would be much more effective than trying to blow it up.

[falcon]

Does anyone think its possible for outside interests to manipulate the market to make it tank like it has?

It is impossible for terrorists or anyone else to screw up thingslike the political pukes in DC have.

[Arthur P]

Somebody here a few days ago said the market has been dumping in the last hour because the big mutual funds aren't allowed to trade until the last hour. I don't know that for fact and, really, it doesn't sound logical. But I'm about as far from a Wall Street expert as you're ever going to find.

[hillbillyhunter1]

ORIGINAL: falcon

It is impossible for terrorists or anyone else to screw up thingslike the political pukes in DC have.

+3

ACORN said I could vote multiple times on this issue[:'(]

[Alsatian]

I don't think this can be done. If you think about it, if Warren Buffet wants to go out and place an order to buy 1,000,000,000 shares of GM and as soon as that order fills turn around and sell 1,000,000,000 share of GM and just see-saw back and forth all day long, I guess he can do it. Actually, there may be some limits on that -- something about special rules applying when trying to acquire more than 5% of a public company -- but you get the point. Why would it be against the rules? What can a terrorist possibly do? Spreading negative information -- such as credit is totally frozen -- may be the worst thing youcan do to the market.

With respect to the market tanking at the end of the day, if people sell out their positions in a mutual fund, the mutual fund may be obliged to settle that by the end of the trading day -- specifically at the end of the trading day. That may be what you are observing.

[Doe Dumper]

Thanks for the info guys. I didnt reallize that was when the funds traded.