You are viewing a single comment's thread from:

RE: Any Steemit conspiracy theorists think the market crash was a false flag to hurt Trump?

in #news7 years ago

I think the fact that it came AFTER the SOTU address is our clue that they were not responsible for manipulating it ( so overtly .... obviously the market is manipulated on a regular basis by people like "marker makers") and such but I think that the market was too high to begin with . Anyone who has been investing for any length of time will tell you that a stock cannot continue to go up and up and up so quickly without a market correction - it's simply a matter of profit taking - when a market gets to certain point - investors believe that it cannot sustain and "taking profits" by selling their inventory - typically moving it into a stock that still has room to grow - this way they capture their gains - limit their losses ... and still have money in play.

You can only watch the market go so high before you realize that it cant sustain much longer - same exact thing happened with BTC , and I told everyone that there was no way it could stay that high .. and now look at things... people sell off our of fear , greed, or because they already picked an exit point... but I think the correction was a natural response to a market that rose to high , too quickly and that people will go right back into it -

what I don't hear anyone talking about is that the very next day the market regained 50% of its losses and was one of the biggest trading gains in recent history - but the media doesn't want you to know that - they want you to think that Trump broke the stock market ...

Sort:  

Maybe so, or maybe whatever he said during his SOTU address triggered some powerful people. There's no way to be absolutely certain this early on, retrospectively though it might be possible to figure out some of the more fine points of which specific financial moves caused this to happen. It's almost as if someone triggered the inverse of plunge protection just long enough to prove a point. I have a feeling if this was the case, there will be blow back that lands right on their heads. Time will tell, maybe.

I stated that it was a market correction and not a false flag against Trump. Yes, I agree, the market made an amazing climb back up, and I did mention that aspect on a different social media platform.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 77191.63
ETH 2961.40
USDT 1.00
SBD 2.63