I MEAN DID SOME PROGRAM TRADER DECIDE THAT IT WOULD BE 13,450 TODAY OR ELSE...?
EVERYTHING IS SO CONTROLLED BY THE "LARGE INTERESTS" THAT THERE IS NO REALITY LEFT IN THE US MARKETS... THE MARKETS GO WHERE THE PROGRAM TRADES TELL THEM TO GO... AT LEAST AS LONG AS THE FREE FLOAT STAYS MANAGEABLE...
AND THAT IS THE JOB OF THE FED TO ASSURE WALL STREET THAT LIQUIDITY WILL BE PROVIDED TO "HANDLE" THE FREE FLOAT...NO MATTER WHAT!!! YET AMAZINGLY ....THE FREE FLOAT DOESN'T STAY "MANAGEABLE" SOONER OR LATER REALITY SETS IN AND THE FREE FLOAT "ADJUSTS" TO THE "RIGHT LEVEL"...NO MATTER WHAT THE FED AND IT'S SHILLS ON THE STREET DO...
THAT, GENTLE READER, IS WHY "SMART MONEY" ALWAYS LOSES TOO... IT'S NOT JUST YOU!!