Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (28281)	9/17/1998 9:44:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 94695

From A: "What controllers must do then is to spike futures or individual key issues to show a positive print. For example, the Nasdaq is weighted heavily by MSFT, INTC, CSCO and other blue-chip techs. One tactic would be to buy these en masse, or at least throw 10 or 20 million at each issue. Chump change to a player like Goldman or Merrill. Momentum players notice the upticks and the buying coming in on their L2 screens and they join the run. Even better, issue a buy rating on an issue or initiate coverage to garner interest. Before long, momentum is achieved and you have a full blown tech rally. When one major index rallies, the others usually follow in lock-step." but you agree that they do try to manipulate the MARKET????????????!!!!.....

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