Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (30489)	10/23/2000 2:40:47 PM
From: chic_hearne	Read Replies (1) of 436258

no-one would seriously put in orders like that on their investment merit. who would then? Are you suggesting that some big player is "taking one for the team?" Somebody is risking losing big money doing this. IF you're talking about some kind of organized manipulation, that is doomed to failure also. IF "they" agree to prop up the markets, all it takes is a few players to go against the others and use it as an opportunity to get out at the others expense for the plan to seriously unraveling. Eventually, there would be a rush to the exit. In any scenario of trying to prop up the markets, I see it doomed to failure. Market forces are much more powerful than any form of manipulation and if people want out, they get out. The ONLY thing that can stop this is when lock limits are hit and trading STOPS. At best, the most well executed form of manipulation could only delay the inevitable. I see more of what's going on now as denial, not manipulation. Until people get tough love for buying the dip on days you are referring to, they will continue to do so and make money at it.

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