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Pastimes : How to best deal with KOOKS at this web site

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To: Gottfried who wrote (1380)10/14/1997 4:59:00 PM
From: Iceberg   of 1894
 
To all: I tracked 21 highly recommended oil-related stocks from yesterday's close to the end of trading today. Twenty of the 21 were off after the bell.

Who is it that drives a random sample** of a market sector down in tandem, all within a matter of hours, on no obvious news?

Something about this stinks. I would think there would be more randomness than this - unless the market is "rigged"*** - so to speak.

Ice

** Well, not really random - because all were recommended by the so-called experts - the analysts - the firms - the street - those supposedly on top of the market. They are on top of the market alright. Laughing all the way to the bank at the expense of the little guys after today. And after recommending buying oil stocks yesterday.

***This oil thing is "rigged", is it not?
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