The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Tuesday, August 21, 2012

Wall Street FLASH CRASH Looks Likely

The News UNIT believes a FLASH CRASH is imminent now in the U.S. Stock Market. Investors and hedge funds are now getting ready to preserve cash as the high frequency trading computers are starting to get unstable and in this type of environment the only safe haven is the sidelines.

Recently the DJIA rose above 13,000 but can these levels be sustained? There are some real jitters going on with the high frequency trading and the market could be in for some severe turbulence as it trends lower:
http://www.cnbc.com/id/48735251

Jim Comiskey says he has several reasons the stock market is going to rally into September. You'll have to watch the video here to find out what they are:

...developing...