Just a quick note as it is currently cocktail hour at The Fergusons.
First it was Trader Dan discussing the "low volume selling" that drove prices sharply lower on the Globex yesterday.
Now, today, you have this from FMX Connect through Zero Hedge:
"Seemed almost orchestrated". That cracked me up.
It amazes me that the blatant manipulation is so obvious yet so few want to assign blame. Why? What is there to be afraid of? We're already thought of as tinfoil hat-wearing, conspiracy-theorizing insects. What? Calling a spade a spade makes you even more crazy?
The Evil Empire, led by the commodity desk of JP Morgan, screwed many again yesterday. Period.