SOMETHING ABOUT THIS CRASH DOES NOT PASS THE SMELL TEST..
IF GOLD SOARED INSANELY...WHY DID OIL PLUNGE...? THE TWO ARE PRICED IN DOLLARS...!
IF EVERYTHING IS GOING TO HELL...WHY DID AMERICA'S DOWNGRADED AA BONDS SOAR...
BUT THEN, OF COURSE, THOSE SAME DOWNGRADES 'CAUSED' THE CRASH IN STOCKS...SUPPOSEDLY...??
WHATS GOING ON HERE...
OK EUROLAND IS IN TROUBLE...BUT THEY SEEM TO KNOW WHAT THEY ARE DOING...AND CAN HANDLE IT...
MY HUNCH IS THAT THIS WAS INSIDE TRADING BY FLASH TRADERS AND HEDGIES...BASED IN SOME COMPUTER ALGORITHMS...THAT "ASSUMED" SOME THINGS THAT DID NOT HAPPEN AFTER THE DOWNGRADE....
LIKELY THERE IS A BIG SNAP BACK RALLY COMING...BECAUSE THIS LOOKS MORE LIKE A FLASH CRASH THAN ANYTHING DEEPER...