blog.milesfranklin.com / By Andrew Hoffman / October 23rd, 2012
As I write on Friday afternoon – the 25th anniversary of the 1987 stock market crash – it’s quite fitting the Dow is down more than the PPT’s typical 1.0% downside cap; i.e., thepolar opposite of the Cartel’s 1.0% upside cap on daily gold movements. Of course, we’re amidst “ELECTION LOCKDOWN”; thus, HORRIBLE earnings reports or otherwise, I’d be shocked to see the PPT lose control two weeks in front of the election. After all, it’s done a masterful job in stepping up its algorithmic propping ALL YEAR –protecting the “DOW JONES PROPAGANDA AVERAGE’s” 200 DMA for the first half of the year; and now – in the election homestretch – its 50 DMA…
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