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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (31749)5/4/2005 6:37:54 PM
From: Ramsey Su  Read Replies (2) of 110194
 
That is hell of a good move by this old fart. I have to bow to Kerkorian even though he cost me a buddle today, hopefully just temporarily.

I often wonder about the legality of such moves. Anyone with serious money can do it. The Chinese and Japanese can play this game very easily by quietly taking as big a position as they can in anything, then make some announcement that will make that position extremely profitable and close the position when all the suckers are drawn in.
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