The Snake Like Minute By Minute Chart Pattern

This is the minute by minute of GOOG.  Notice the huge gap up on earnings news. After the gap up, the price goes into a long snake like pattern. Normally it gets goosed at the end of the day. Sometimes goosing is not enough and it drops back anyway.

Patterns like this would not exist in an honest market where price is determined by normal buying and selling. It terms of manipulating stocks, it is a whole lot easier to stabilize a price than it is to cause it to keep going up. So, the stock or the market as a whole gaps up. When resistance occurs, the price gets stabilized, like in the GOOG chart example. The intention is that any bearish traders will eventually give up on the price going down and cover any shorts or jump in on the long side. Like with all sudden enlightenment stunts, hope and expectations are then public will get excited an jump in. The public has been very stubborn lately about taking the bait. This particular trading pattern is what occurs with a new offering when the stock is legally stabilized until the offer is complete.

Patterns of manipulation are so common these days that the meaning of them goes unnoticed. Back in days when markets were mostly honest, it was very uncommon for one index to be up while the others were down. That happens with regularity as a way of ratcheting stock prices higher. For example, if the Dow 30 is to be elevated, it is easier to do while focusing on it and stabilizing the other averages.  Some days only one average is ripe for moving higher. Some days it is the Dow or S&P. Other days it is the NASDAQ. On days when all averages are goosed together, notice that the Russell 2000 always has a percentage gain out of proportion to the others. That is because buying the Russell 2000 is like blowing on a feather.

Don’t think for a second that stocks are rising without organized support. The intervention is massive. No one sends out notices that the stock market is rigged. We know that it is because the trading patterns that are notable, have never existed in the history of trading at any other times other than right now and a few decades leading up to the present. The damage from this type of things is enormous. In time it will destroy the entire economy as well as our system of government and our way of life.

It should not be a surprise to anyone that stock prices are Deep State managed. How much of the rest of your life, is managed? Is any of it not managed?  How many other attempts at managing folks lives can you notice? The average analyst who is looking at classical indicators are not prediction stock price declines.  It is because the indicators are not relevant.  No indicator is perfect. No indicator is wrong 100% of the time. Since the market is manipulated, classic indicators give false signals so often that it would be impossible for it to work out that way in a market that wasn’t tampered with.

The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

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Fantasy Free Economics recommends the following blogs.

Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts Straight Line Logic

 

 

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About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact: news@quillian.net
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