Wall Street pump and dump

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Wall Street pump and dump Anonymous Tue Sep 5 22:03:50 2017 No.3361428 [Reply] [Original]

https://medium.com/@JesseLivermore/dear-crypto-youre-being-played-by-wall-street-35a1117ef859

>So what’s the next ‘play’ here? Quite simply, the new SEC IM Director approves the Winks’ Bitcoin ETF.

>However, Wall Street logic says to first rally everything back up to highs and maybe get it going a bit higher beyond there before finally announcing that the ETF’s are approved. From there, the media go crazy, the public goes crazy and the prices of Cryptos would go insane for a bit before the actual ETF’s start trading.

>HOWEVER, the day the actual ETF’s start trading could likely be THE top for months and possibly years. It would be a completely typical Wall Street move, reminiscent of many hyped up IPO’s which fizzled on day 1 as Wall Street sells what they’ve been accumulating for awhile to the eagerly-buying public.

>>	Anonymous Tue Sep 5 22:05:21 2017 No.3361439 >>3361428 >It’s my belief Stopped reading there.

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