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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: John F. who wrote (92834)4/4/2000 4:23:00 PM
From: westpacific  Read Replies (2) | Respond to of 108040
 
Margin calls did play in, no doubt here, manipulation is a hard thing to call, however when a market free falls like it did at 1:00, not reach any quantifable support level, and then rebound back to close only down 74! It does make you wonder. If it was the market makers buying on the cheap, how are they so sure we have found a bottom.

Unless of course somehow they are all on the same buy and sell programs. This could have a massive effect on what direction the market goes. Gives pause to think, does it not!



To: John F. who wrote (92834)4/4/2000 4:27:00 PM
From: $Mogul  Read Replies (2) | Respond to of 108040
 
Yes I do partially, today's drop seemed too orchastrated.