A fake rally is worse than none at all

Which is just what we had at market end today. 30 minutes before close, the market reversed sharply. This happens not infrequently (both ways.) Smells of manipulation to me. Don’t trust it.

Jim Cramer on RealMoney (firewalled)

You know what? I hate those phony rallies more than if the market were down as much as it finished up. I hate them because they are short-covering or they are inside information personified.

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