A few good charts that clearly show bankster manipulation of the equity markets. As long as their demands are met the markets are supported, otherwise, they pull the plug in their usual threatening ways.

Complete fraud - VHF

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I Reveal the Greatest Market Timer in History

Graham Summers

May 25, 2010

I’m about to reveal a true market secret to you.

However, before I do, you should know that the information in this email is strictly confidential and should be kept a secret from everyone. I’m only sharing it with you because you’ve been kind enough to read me and show an interest in my work in the past.

What I am about to show you is Wall Street’s top-secret indicator: something so critical to success that it’s THE most defining metric in terms of knowing when the buy or sell.

It has “triggered” at EVERY single major market turn-point in the last five months.

• This trigger registered a “sell” one day before the market collapsed on January 22, 2010.

• It then registered a “buy” on February 23, 2010: THE day the massive rally into April began.

• It even called the May 6, 2010 Crash, registering a “sell” exactly one day before.

As you can imagine, had you followed this metric’s signals, you’d have made a fortune in the last four months alone. I only just stumbled across it the other day when I was reviewing dozens of charts of the market’s action during the last five months.

I call it the PADSOCO trigger.

It stands for…

Politicians Actually Do Something Or Chicken Out (PADSOCO).

As ridiculous as this sounds, I’m not joking at all. Political decisions regarding Wall Street and the Too Big to Fail banks have marked EVERY major turn point for the market in the last five months has come.

Consider…

On January 21 2010, President Obama proposed legislation that would ban proprietary trading at banks. What followed was the fastest, most severe sell-off since the March 2009 rally began.

Then on February 23, 2010, the Administration announces it is considering dropping any ban on prop trading. What follows is the largest, most absurd ramp job we’ve seen in months: at one point the Nasdaq was up something like 20 out of 24 days, a rally we’ve not seen since the Tech Bubble.

Things melt-upwards until May 3rd when Congress introduced another attempt at breaking up the “too big to fail” banks. We all know what happened next.

May 7, 2010, Congress announces that the Too Big to Fail ban failed to pass. This, combined with the $1 trillion bailout in Europe and the Federal Reserve opening up credit lines abroad, resulted in stocks posting their largest gap up in history.

At this point, if you’re looking for hints of where the market is heading it might make more sense to watch C-Span than CNBC.

Indeed, Congress has gotten itself in a real mess. This year is an election year and voters are increasingly pissed off about the bailouts and stimulus. However, every time the politicians propose some piece of legislation that might negatively impact the large Wall Street firms, Goldman and pals implode the markets (see May 6).

In plain terms, the market is now more “political” than any time that comes to mind. So it is small surprise that is it legislation, NOT financial or economic data, that is marking the major turn points (the Greek situation has been an ongoing farce since December ’09).

So if you’re looking to identify key turns or changes, keep your eyes on financial reform and legislation. It’s nailed every major turn in 2010. And with political pressure increasing as we approach elections, it’s likely to play an even more crucial role going forward.

Good Investing!

Graham Summers