<...It is very hard to manipulate stocks with 10 mil. volume..>
Dear Bob,
Please don't be so naive, take a look at the daily charts of YHOO, AMZN, NSOL, AOL and the other so called blue chip internets, THEY ALL, IN UNISON, STARTED THEIR DIVE AT EXACTLY 2:30 P.M.
Come on Bob, HOW STUPID DO THEY THINK WE ARE?
I have seen it the weekend after Thanksgiving, when the MM "gapped" all the highflying internets way up, and then "dumped them" even quicker.
All this to punish speculators, who have been getting "rich" buying these "tulips" on margin, with no regards to valuations.
ONLY A CONCERTED EFFORT BY THE MM, ANALYSTS AND THE MEDIA (see CNBC) COULD BRING THIS "HYSTERIA" TO A SUDDEN END!
VOILA!
YHOO - down 180 points or 40.4% in 8 trading days
AMZN - down 97 points or 48.7% in 8 trading days
BCST - down 176 points or 61.1% in 8 trading days
EBAY - down 180 points or 42.9% in 8 trading days
COINCIDENCE? I THINK NOT, MY FRIEND!
RICO
P.S OF COURSE ONCE IT GOT STARTED, you are right, fear took over and the carnage was magnified. |
