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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (71261)	11/9/1999 8:50:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 90042

so how did he do it? the crim...specialist the stock:.cs the victims:..the weak the answer:.....market in general sells off...last 6 trading days cs has been on a tear and acting like a true takeover play so many eyes are on the stock and many new investors..(unlike us who have been in for a while).... the set up:..the ones who don't understand how the game is played are very nervous and weak investors....so they are expecting a stock that has been very strong in prior days to keep going up and up every day...(doesn't work that way) after all if cs is about to be bought out there is no way the stock would be selling off right? WRONG... so now we are down ticking once again on small sells of 5k and less ( now keep in mind all the mass block buying from 20 k to 250 k)..i sure didn't see a whole lot of block selling today...now while it's down ticking the specialist is buying up all the cheap shares he can..filling his own personal orders and those buying all the way down.... now the clincher for him....stock is bidding 19 7/8 and 20 on the ask...all of a sudden he slams it down to 19 1/2...why?...to take out the stop losses and to scare the hell out of people into thinking the stock is going to tank...so he sure got what he wanted because after he was done doing this he shot the stock right back up to 20....just because it is a listed stock and orders are matched up don't think they are not manipulated just like the naz stocks. my response to the cs specialist...you can kiss my a** because i will make sure people understand how you dirty bastards rip people off