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Strategies & Market Trends : Natural Resource Stocks

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To: Bert who wrote (3822)	11/24/2003 1:14:47 PM
From: yard_man	Read Replies (1) of 108684

nice link, Bert -- especially >>To the untrained eye, when prices settle almost exactly on a large round number, making all the puts and calls worthless, or virtually so, to the buyers, some analysts (especially those fixated on proving some international conspiracy) would have you believe that the "big boys" fixed the market. They would have you believe that it is proof positive of manipulation. The truth is much different. It is a natural phenomenon of the market to behave in exactly this manner, as the dealers and market makers delta hedge their positions. <<

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