The Stock Market Plunge on May 6, 2010.

The Stock Market Manipulators Tested the Traders on May 6, 2010.

This is only a test.

If this was an actual crash;

it would have taken a few days longer;

it would have gone beyond a 1000 point loss on the Dow;

and it would not have returned like it did.

Only manipulation can make the Dow drop more than 700 points in about 4 or 5 minutes;

magically stop just a couple of points beyond a 1000 point drop;

and then immediately go back up over 600 points in just a matter of 8 - 10 more minutes.

One exchange said it had a mechanism to slow it down.

Look at the charts. The only slow down was on the way back up; and that was NOT slow.

The market was due for a dip, but manipulation is not an ethical way to force people out of it.

Remember, this was only a test; a test to see how the world would respond to drastic market manipulation.

The huge amount of money lost by investors because of this manipulation is beyond sickening.

 

Below, you can view numerous charts, and judge for yourself.

Or you can go about your way, and think things like this just happen, because...

someone hit the wrong key.

there was a glitch in the system.

all the automation took off as if it had a mind of its own with no checks or balances.

or any other lame excuse someone will come up with.

Any response will be as realistic as the very small country of Greece taking the whole world economy to its knees (which has been just another world order test).

Propaganda works very well when the world media jumps all over a story.

What happened to a trustworthy media? Probably about the same thing that happened to a fair and ethical stock market.

It is time to kick out every politician in office, and start out fresh; they stopped serving the people a long time ago. All their pensions need to be made null and void too.

 

The charts below are from StockCharts.com  http://stockcharts.com  and  Yahoo Financial  http://finance.yahoo.com

 

US Indices, Treasury Notes, and Certain Commodities

Click here to see US Indices, Treasury Notes, and Certain Commodities.

Overseas Indices (not effected by the plunge, but important data for research)

Click here to see Overseas Indices (not effected by the plunge, but important data for research).

World Currencies

Click here to see World Currencies.

US Markets and Various Charts

Click here to see US Markets and Various Charts.

Individual Stocks

To see Individual Stocks, CLICK HERE TO ACCESS THE SECONDARY PAGE.

ProShare Stocks

Click here to see ProShare Stocks.

Bull 3x Shares

Click here to see Bull 3x Shares.

Bear 3x Share

Click here to see Bear 3x Shares.

Fund

Click here to see Fund.

 

US Indices, Treasury Notes, and Certain Commodities

 

Dow Jones Industrial Average

(DJI: ^DJI)

Index Value: 10,520.32
Trade Time: May 6
Change: Down 347.80 (3.20%)
Prev Close: 10,868.12
Open: 10,862.22
Day's Range: 9,869.62 - 10,879.76
52wk Range: 8,057.57 - 11,309.00
 

 

NASDAQ Composite

(Nasdaq: ^IXIC)
Index Value: 2,319.64
Trade Time: May 6
Change: Down 82.65 (3.44%)
Prev Close: 2,402.29
Open: 2,391.21
Day's Range: 2,185.75 - 2,407.79
52wk Range: 1,664.19 - 2,535.28
 

 

NYSE COMPOSITE INDEX

(NYSE: ^NYA)
Index Value: 7,011.92
Trade Time: May 6
Change: Down 246.10 (3.39%)
Prev Close: 7,258.02
Open: 7,257.90
Day's Range: 6,666.96 - 7,259.19
52wk Range: 5,552.82 - 7,743.74
 

S&P 500 INDEX,RTH

(SNP: ^GSPC)
Index Value: 1,128.15
Trade Time: May 6
Change: Down 37.72 (3.24%)
Prev Close: 1,128.15
Open: 1,164.38
Day's Range: 1,065.79 - 1,167.58
52wk Range: 869.32 - 1,219.80
 

 

RUSSELL 2000 INDEX

(Chicago Options: ^RUT)
Index Value: 672.23
Trade Time: May 6
Change: 0.00 (0.00%)
Prev Close: 672.23
Open: 695.70
Day's Range: 637.69 - 700.89
52wk Range: 470.37 - 745.95

 

NYSE Amex Composite Index

(AMEX: ^XAX)
Index Value: 1,811.80
Trade Time: May 6
Change: Down 53.17 (2.85%)
Prev Close: 1,864.97
Open: 1,864.97
Day's Range: 1,736.03 - 1,864.97
52wk Range: N/A
 

 

Treasury Yield 5 Years

(Chicago Options: ^FVX)
Index Value: 2.14
Trade Time: May 6
Change: Down 1.59 (69.04%)
Prev Close: 2.14
Open: 2.31
Day's Range: 1.97 - 2.32
52wk Range: 1.94 - 2.99
 

 

Treasury Yield 30 Years

(Chicago Options: ^TYX)
Index Value: 4.17
Trade Time: May 6
Change: Down 2.29 (52.12%)
Prev Close: 4.17
Open: 4.43
Day's Range: 4.06 - 4.44
52wk Range: 3.89 - 5.07
 

 

Gold May 10

(COMEX: GCK10.CMX)
Last Trade: 1,205.00
Trade Time: May 6
Change: Up 8.10 (0.68%)
Prev Settlement: N/A
Open: 1,205.00
Bid: 1,199.20
Ask: 1,200.00
Day's Range: 1,153.10 - 1,181.30
Volume: 0
Open Interest: N/A
Session:
Exp. Date: N/A
 

 

 

Chart forCrude Oil Jun 10 (CLM10.NYM)

 

 

Overseas Indices (not effected by the manipulation, but important for research purposes)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WORLD CURRENCIES

 

 

 

 

 

 

 

 

 

 

 

 

US Markets and Various Charts

 

 

 

 

 

 

 

 

 

 

 

 

Individual Stocks

To Access Individual Stocks, CLICK HERE

 

ProShare Stocks

 

 

 

 

 

 

 

 

 

 

 

Bull 3x Shares

 

 

 

Bear 3x Shares

 

 

 

Fund

 

To Access CHARTS of INDIVIDUAL STOCKS, CLICK HERE

Written by, and charts gathered by Joe

Copyright laws are enabled by all pertinent parties.

Thanks to Stock Charts  www.StockCharts.com and Yahoo Financial  http://finance.yahoo.com   for their charts.

 

If you want to sell or buy items, check out the following auction site - NO COST to list 5 items. http://www.groundfloorauctions.com

Respectfully,

Joe