Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22096)	7/23/1998 12:59:00 PM
From: yard_man	Read Replies (2) of 94695

>>I hate to say it but it looks like it might be a tad crooked.<< Oh that conspiracy stuff again. <VBG> About a month ago, Jim, there was a very strong and sudden gap that happened in the NAZ. I thought to myself -- man what is going on with that? Well it turned out that one of the components of the NAZ had split and whoever was calculating the index had erred. Think about it -- this sudden change in direction in the index probably cost traders lots because they acted on it or had program buys and sells which went off in response. You bet there is manipulation going on.

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