HI Claude; It looks like a top, but dog gone it it's looked that
way several times already, it's like just baiting in shorters,
and as long as they take the bait she will go up. The brokerages
see the buy stops, and if the percentage gets to a point, they
buy her up, and then sell right back to the shorts, when you run
out of shorts she will fall. The point that it is so unbelieveable
is what is running her , and a lot more on up. The market climbs
a wall of doubt, particularly when that doubt places big bets aginst
her; the brokerage houses hold the aces, and can pick off
the shorts, or cover their rear, by now you should know it's
a racket, with window dressing to make it look all respectable,
and above board, but behind the sceans they will not let you look
and even tell the government what they can look at. <G>
Jim
PS Wall Street is the largest and by far the richest and most
infulentual LOBBY in Washington, there is not hardly a
politician who is not in their pocket one way or another,
run for a major office and you will never even get close, if
The Wall Street gang fears you. They are a Mafia in their own way,
a collage educated one, with refined methiods of operation, and
know how to hire their dirty work out, but moraly speaking could
not pass an acid test on their morals as a group any better than the Mafia could. ( if as good ). |
