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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (28167)9/17/1998 5:21:00 PM
From: robnhood  Read Replies (1) of 94695
 
Hi LG,,

<<It seems there are a few more converts to "market manipulation" these days! <g>
>>

I think most of what everyone has been seeing as market manipulation, is really unwinding of triple witch positions. These trades care not about fundamentals or market sentiment. Note tonight , there was only 2 buy imbalances that I saw,, one on HM, and one on KO. For the last 3 or 4 nights there have been very large buy imbalances on many many stocks. I concluded that tonights small buy means that a large portion of the witch has been unwound already.

BWDIK,,russell
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