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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: d:oug who wrote (6771)5/7/2002 12:53:38 AM
From: mishedlo   of 16631
 
Seems that 99% of the folks in the USA are clueless to the depth of manipulation, not because they don't feel its there, but they are foolishly hoping that the Powers that Be, and federal government leaders have and will continue to protect them

Sheeesh am I the only one who thinks the government is part of the manipulative process

Lies about GDP
Lies about employment
Lies about the economy

The PPT.
Greenspan specifically targeting equity markets.
The FOMC specifically discussing intervention to prop up the markets.
Surprise interest rate cuts in options expiration week.
Over zealous rate cuts.
Bailout on LTCM.
=======================================================

I would call all of those direct and baltant manipulation to FORCE the stock market to go up, at the expense of Long Term bond holders and people in fixed income accounts.

Part of the problem is everyone expects Greenspan to do what they want instead of what is needed.

Manipulation?
Yes the government is involved big time.
But since that manipulation is what most people want "THE SHORT TERM FIX" at the expense of longer term pain, the suffering will continue far longer than if Greenspan had not micro-managed interest rates as well as tring to force the markets to rise.

We have a real chance of "pulling a Japan" at a later date because we failed to just let the markets die when they needed to die.

The markets still need to die, and the excess liquidity has created a housing bubble that needs to be purged as well.

Are 99% oblivious?
Yes, including most on this thread that do not see the lies and manipulations on behalf of the governemnt as part of the manipulative process.

M
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