SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : HONG KONG
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rolla Coasta who wrote (2934)1/6/2001 1:53:58 AM
From: fut_trade  Read Replies (1) of 2951
 
...Do you think the US govt would buy blue chip stocks, like the way HKSAR did to rescue the market, hoping to see a reverse trend ?

There is talk on SI of a PPT which would be an emergency Fed fund to buy blue chip stocks. Here is a link.

siliconinvestor.com

The PPT is just a rumor to me, I know nothing first hand. If there is a PPT, it would have been trying to stop the drop in the markets last week and failed. So the Fed in desperation was forced to make an emergency rate cut to prop up the markets to avert a crash.

...What I mean is that some powerful people could make so much money from inside news

Every market is and has operated in that manner to some degree. For the US markets the large brokerage houses have done that since day 1. There is a new regulation that now prevents companies from disclosing special information to analysts - so that should cut back on inside news a little. The other manipulation is by analysts who upgrade a stock when they want to sell...

I trade only futures now because I think it is more free market than equities. It costs me less than $3 per trade and I trade with other people, unlike the Nasdaq where you buy and sell to a market maker. Of course, index futures are still manipulated by analysts like Abby Cohen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News