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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: the Chief who wrote (50275)5/11/2000 7:51:00 AM
From: Stcgg  Read Replies (1) of 99985
 
Re: Market Manipulation..

It's pretty obvious to most that market manipulation exists, and the media plays a key puppet role, hence momentum traders buy or sell based on news (or trading cues).. I have a Hauppage Digital TV card in my PC, and wouldn't think of trading without CNBC..

I agree with you that this inflation scenario has been abused, and the only power the Fed has at his disposal to fight irrational exhuberance is this attempt to tighten the money supply.. I also think the Fed's constant abuse of this technique will lead to it's ineffectiveness..

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