Who will fail first? BP, Euro or US $

Test Crash was too fast for even the Banksters to make any money

They pulled the rug on the market and there was no floor. 15 minutes and it looked like the world was ending.

For a Racketeering bankster, that's no way to profit.



Riding the backs of serf backstopped fiat currency, imagine milking the market on the way up only to have it run completely dry and crash and seemingly burn until the FED racket buyers of last resort step in to place a floor to the market.

When counting the trading ranges of DOW stocks outside the NYSE, the DOW index dropped around 1250 points before normal manipulation was restored.

Everybody was given a sneak peak of what is to come.

The Banksters did not like the way the market completely tanked in record time. Even their Super High Frequency Trading computers can't make money during a sudden fall off a cliff.

That's why the SEC is instituting additional circuit breakers. In the past, the central bankster minion controlled media scared people away from the market as the market was allowed to rise over a wall of worry.

Except the sheeple did not truly return to the market. Sure, there are still some die hard speculators and newbies and people clueless to what is going on.

They're up a lot if they bought the right stocks and distressed bonds from the carnage of 07-09.

They're busy patting themselves on the back for riding the most obscene levels of paper asset inflation stimulus in the History of the World.

The Banksters have bought all the shares in the world and have been trying to sell them to the unsuspecting consumers who are busy not consuming Wall Street drivel anymore.

Fool me once, shame on you. Fool me 3 times plus, forget about my shame. As a consumer, I'm completely naked lying down in the mud after being continuously downtrodden by the game runners that I have no time to worry about being ashamed.

I have nothing left to lose so don't you dare piss me off again with another one of your tulip mania crashes.

WallStreet used to promise safe 7-10% returns yoy. Now, the worker bees of the last decade should be happy they are only losing 10% yoy.

Remove 2008 and 2009 and 10% yoy losses are the new investment normal if you decide not to time the market by going out at DOW 14000 and coming back in at S&P 666.

The idiotic carnal cretins in power and their political minions are setting up the stage for a 4th Reich to rise up out of the ashes of a financially bankrupted American Empire.

We have entered the end game of the twilight zone and banksters are waiting for the bullet to hit the bone.

Blame the machines taking over for exposing the fakeness of the markets

Imagine if you were an employee and or a shareholder of Accenture or Sam Adams Beer and you were checking on your retirement or brokerage account between 2:40 PM and 3 PM EST today.

If you were heavy into ACN or SAM you would have at one point witnessed your retirement account go to zero and a leveraged brokerage account go below zero when the share prices of both companies plummeted to 1 cent from 40 and 55 dollars respectively.

"Accenture, Don’t Worry: These Stocks Fell to a Penny, or Less"
By Matt Phillips
"We’ve heard of penny stocks, but Thursday was ridiculous.

We already mentioned how Procter & Gamble plummeted. Accenture ADRs briefly lost all their value Thursday as height of the Flash Crash, falling to one cent.

But they weren’t the only ones. Here are a few other stocks that fell to below one cent briefly Thursday, all of them at 2:48 p.m. ET, when what ever it was that happened, happened.

Here they are, with ticker/name, high, low and last prices, and the percentage drop from the daily high to daily low.

EXC Exelon Corp 43.35 0.0001 41.01 43.35 -100%
EXP Eagle Materials 31.97 0.0001 30.40 31.48 -100%
BRO Brown & Brown 19.86 0.0001 19.03 19.69 -100%
IWA Iowa Telecommunications16.86 0.0001 16.11 16.78 -100%
CNP CenterPoint Energy 14.39 0.0001 13.55 14.39 -100%
SAM Boston Beer 63.17 0.01 55.43 59.44 -100%
CASY Casey’s General Stores 37.86 0.01 36.21 37.76 -100%"

http://blogs.wsj.com/marketbeat/2010/05/06/dont-feel-bad-accenture-these-stocks-fell-to-under-a-penny/?mod=yahoo_hs

Apparently, trading desks and their computers where still partying like yesterday where Cinqo de Mayo turned into Uno Del Cento.

Not even Charles Ponzi was brazen enough with this type of swindling.



"'Machines took over'

"This is an electronic market where bids can be cancelled at the flick of a button, and everyone cancelled at the same time," said Joe Saluzzi, of Themis Trading in New Jersey.

"We should be down big today, but not 1,000 points. This is an equity market structure issue, there's no major problem going on."

Computer trading is thought to have cranked up the losses, as programmes designed to sell stocks at a specified level came into action when the market started falling.

"I think the machines just took over," said Charlie Smith, chief investment officer at Fort Pitt Capital Group.

"There's not a lot of human interaction. We've known that automated trading can run away from you, and I think that's what we saw happen today."

http://news.bbc.co.uk/2/hi/business/10101581.stm

So, when the bids are automatically canceled, many stocks are technically worth only a penny per share?

How absurd is that? This kind of crap does not even occur at the shadiest craps table let alone legit monetary displacement establishments known as Casinos.

Later on, in a bid to restore what little confidence is left in this shammockery that is the market, Major indexes come out with statements that they will cancel many if not all heavily outside of normal trading range trades:

"Nasdaq cancels trades made over 20-min. period"
cancel all trades made earlier in the day between 2:40 p.m. Eastern time and 3 p.m. Eastern time which were "greater than or less than 60% away from the consolidated last print in that security at (2:40 p.m.) or immediately prior."

http://www.marketwatch.com/story/nasdaq-cancels-trades-made-over-20-min-period-2010-05-06?siteid=yhoof2

What about the poor shmucks that sold in a panic or had low stop losses triggered and were still within the 60% trading ranges?

Some people were wiped out today on what is being called a technical glitch. Tell that to someone who lost all their money in mere minutes if not seconds.



"NYSE: P&G's Plunge Came After Stock Moved Below Circuit Breaker"
By Donna Kardos

NEW YORK (MarketWatch) -- Shares of Procter & Gamble tumbled as much as $22.79, or 37%, at one point Thursday afternoon after sharp declines in the stock market sent the stock below a key circuit breaker level.

Once a stock falls below its circuit breaker, or what the New York Stock Exchange calls "liquidity replenishment points," the price quotes are no longer just electronic and they go into "slow" mode, under which they are no longer protected under Regulation NMS. Reg NMS requires traders to transact on a trading venue at the lowest price rather than on a venue offering the quickest execution or the most reliability.

In turn, when P&G's stock fell below its circuit breaker, other market centers can trade through the quotes. While the designated market maker at the NYSE traded at the $56 level, a trade came through from the Nasdaq exchange at $39.37, according to the NYSE. "

http://www.marketwatch.com/story/nyse-pgs-plunge-came-after-stock-moved-below-circuit-breaker-2010-05-06

The kind of brazen manipulation seen on the street is now reaching dizzying levels that makes one question reality. Besides the typical fear and greed and general level of theft via the swindling of the longest running confidence game in the world, what the hell is going on? Robbing people blind over weeks and months is not enough now? They have to do it in mere seconds?


This is what Happens when you print trillions out of thin air and give it to banksters to continue the theft of whatever remaining wealth the people have left:



Turning our attention to the currencies market we find similarly disturbing price moves that can leave people potentially wiped out on as little as 1-2% move in the underlying currency knowing full well that typical currency trading is levered 50-1 meaning a 2% move the wrong way in a currency bet will leave you broke in one day.

Imagine if you are a Large Hedge Fund or a Bank that is levered up in borrowing money you do not have only to place it and lever it up again in the currency market only to either watch it make you obscene profits that you will instantly pocket as expedited bonuses or lose everything and go to the tax payers who have not yet participated in riots to overthrow their elected officials.

So this is what we have come to as a Human Civilization.

Unstable people, unstable markets and unstable planetary geology.

It truly is different this time. We were a few badly placed trades away from having a completely worthless market before the end of this month.

It looks like there was going to be selling in May and a permanent going away.

Some third world nations have prior experience in watching their national currencies get the penny stock treatment.

What type of reaction from the 1st world's populace will we get when the exploding toxic asset $hit hits the fan all over?

Add a couple of coronal mass ejections and you have the recipe for a real life Sci Fi movie Cataclysm coming to a street Theater near you.

Rated EX. for Excrementally Xecuted( by a high frequency trading robot nonetheless)

Trader types in a B instead of an M and the whole Ponzi market collapses in mere minutes!

Sources say that a trader entered the wrong letter when apparently selling the hell out of the market( was he trying to selling a billion or a million) and that is the real or disinformation answer as to why the Dow Jones index lost almost 7% of its total value in 15 minutes only to gain almost all of that back 20 minutes later.

Almost everybody knows that the market is manipulated by a hidden and often computerized hand but this is becoming absurd.

Another hour or two of this level of selling and there would not have been a stock market left to manipulate.

That does not compute. The days of 1000 point DOW crash per day are coming but not before some little 1 week before skyrocket marker outlier and ladies and gentlemen, this has not occurred yet because there is a certain oft delayed court case that is currently in limbo.

In the meantime, keep on getting the informative North East West South months,weeks and years before it becomes air wave OLDS.

Will Europe Collapse? Is there a way out of this mess other than War and Cataclysms?

The World Bank's own former top economist acknowledged the existence of step by step destabilization protocols that are enacted to collapse the economies of non first world countries while simultaneously extracting usurious debt based profits and monetizing the paper debt created out of thin air into ownership of the infrastructure of poor countries.

When you get enough economic Hitmen to do your bidding, eventually enough poor nations are destabilized into going to war.



http://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man






Why go to war? That is how national treasuries are bankrupted by merchant bankers who pretend to do central banking.

We are under the fallacy of thinking that we are modern human beings who have evolved.

We are reminded of what Gandhi said when asked:
"What do I think of Western civilization? I think it would be a very good idea."

In reality we are devolved mammals in a Petri dish called Earth while the eye in the sky is ashamed in its involvement in our advancement.