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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.70+0.7%Jan 5 4:00 PM EST

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To: HairBall who wrote (45811)4/12/2000 11:26:00 PM
From: Eddy Blinker  Read Replies (1) of 99985
 
A titanic swindle by the Gesidel......

LG,

Before Madame Abbey Chen Cohen parked her broom outside the TV station to deliver her financially devastating statement, activating, present technology downhill spectacle on the Nasdaq exchange -persistent rumors existed in the markets (via internet) that at least one big Hedge Fund the size of former Long Term Capital was going down fast.Due to huge short selling deficits.

Thousands of Hedge funds are presently operating in the U.S.A. Most of them are leveraged to their roof tops supporting $ trillions in assets.

Yes TRILLIONS.Not a few billions.

Issuing billions of dollars in bonds to build plants,create jobs is ok. But short selling currencies and companies stock, even jeopardize the viability of sovereign states without appropriate disclosure and control is what we see nowadays on stage every day. Not the daytraders have to be curtailed in their ability to margin their trades but those Hedge Funds should be first in line. In particular if those massive ventures are indirectly financed with U.S. tax payers cash.To be called upon in case something goes sour.

THE GAMEPLAN
There are many roads to Rome, bypassing time and motion. Take a short cut via Main Street instead of Wall Street. Let`s take it from the PC pinheads and cover on the expense of the public in a roundabout way. Then blame it all on irrational exuberance.


Billions of $$$$ of shorted stock in technology like e.g RMBS on one hand and upcoming very good quarter results on the other, had the last hair on the shorters head stand up.

Something big had to happen upon command. Leave it to Abbey and the media gang.

What makes me so angry is the fact that I am holding a large position in AMTD. For months now I have watched the MM play their games.11 million shares of the stock are shorted.I expect great earnings tomorrow and look what is happening to the stock.

A TITANIC swindle indeed.Just watch how quick the Nasdaq bounces back when they all covered their evil deeds. All in my opinion of course.

Regards,

ED

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