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How To make Billions Hacking Yourself

 

April 24, 2013

The respected Associated Press (AP) news agency sent a tweet reporting that explosions at the White House injured President Obama.

The tweet sent markets tumbling. The Dow plunged more than 140 points and bond yields fell. Within six minutes, the Dow fell but quickly recovered its losses when the AP Press reported it had been HACKED.

Did the AP hack itself and make billions?

HOW TO PROFIT FROM FAKE NEWS

In 6 minutes, the FAKE hacker with the fake story made billions. How? They, no doubt, "shorted" the market knowing that the tweet would cause the market to tumble.

The stock market is a virtual casino. "Shorting the market" means laying odds that the market will fall...but if you know in advance that the market will fall, your bet is a "sure thing" and so are your profits.

Good or bad news is what drives the market up or down. If you can fake the news or report fake news, you can make a fortune on the stock market. For example, on 9/11, insiders who knew what was going to happen before it happened bought "put option" bets on United and American airline stocks and made a fortune.

The fake hacker may have bought both a "put option" bet and a "call option" bet with their fake news. After falling more than 140 points, the Dow recovered its losses within six minutes and was trading with triple-digit gains.

WE KNOW WHODUNNIT

The official twitter handle of the respected Associated Press news agency, sent out a message at about 1:07 p.m. ET, saying "Breaking: Two Explosions in the White House and Barack Obama is Injured."

Art Cashin, of UBS, who watched the minutes of bedlam on the floor of the NYSE said the reaction was especially dramatic because it said the president was injured. "You wonder who did it and whether it was done on purpose. It certainly was an instant implosion," said Cashin.

WE KNOW WHO DID IT! It's the same evilocracy that fakes news like the 9/11 and the 7/7 false flags, the Boston Marathon bombing false flag, the Sandy Hook false flag, the Colorado Movie Theater false flag and dozens of other F'ing FF's.

The market impact of the fake tweet was intense. On the floor at the Chicago Mercantile Exchange, traders quickly traded on the tweet, selling S&P futures and buying Treasury 10-year futures. For several minutes, the floor was a flurry of activity, as it was in trading rooms across Wall Street, until the Associated Press tweeted that its account had been hacked. The false tweet comes at a time of hypersensitivity in the markets toward terrorism, following the Boston Marathon bombings. It also highlights the vulnerability of social media and follows on the hacking of media websites and just Sunday, CBS' '60 Minutes'Twitter account.

The rapid fire trading also highlights the role of computers and algorithmic trading on Wall Street.

"That goes to show you how algorithms read headlines and create these automatic orders - you don't even have time to react as a human being," said Kenny Polcari of O'Neill Securities, on "Power Lunch." "I'd imagine the SEC's going to look into how this happens. It's not about banning computers, but it's about protection and securing our markets."

"It was really scary and really fast," said Art Hogan of Lazard Capital Markets. "It corrected fast. By the time you realized it happened, it already corrected."

"We're in an environment where we're sensitive to any news that sounds like terrorism," said Hogan. "That makes it that much more believable".

The House of Rothschild bought Reuters news service in the 1800s. Reuters bought the Associated Press.

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