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To: PartyTime who wrote (12163)4/10/2000 11:54:00 PM
From: Savant  Read Replies (2) | Respond to of 18366
 
OT..PT,
You have that laid out fairly well. You neglected to mention the double pump top, so the majors could first sell, and then lay on their shorts. The C-B, "misspeak"..NOT!!!..that man weighs every word carefully..or he wouldn't have survived this long..IMHO..that was intentional, and in some manner or another, he profited...votes?, monetarily?, new house to pay for?, all that and more?
As for the predetermined pull back..absolutely..a classic, premeditated move. The swift rise..buying back the shorts, of course...oh, what a nefarious game they play...yep, the infamous, unfingerable..they...not blue bloods, (only dead people or cyanotics have blue blood..LOL)..just big, big money...the pull back..taking profits, as you pointed out.
Don't forget, a lot of the majors...missed the goody of the tech upswing..(when DID Abbie cash out the 30%??..missed a move there babe..or did you)..they were late to the dot com table, and tech in general..Well, they're back in now..and made up a lot of the difference, while they were at it. As for all the screaming banshee analysts..what a joke..and they call the boards a P & D scenario...we just witnessed a MAJOR P & D..by the guys that invented them, and have it down to a fine art..they feed the media, the media helps them out..what a partnership...to wit..a week down with LARGE headlines shouting..the sky is falling..the sky is falling..front page..and then an up Friday a week ago..and the small article is on page FOUR..gimme a break..collusion, IMHO..collusion.

You might say..this is sour grapes..not so..I didn't sell short, but I did buy at the bottom..it was easy to see..3650..here we come, they said..it was a classic 'retracement'...hit it, and bingo..up we go..with a bag full of wool..ho, ho.
Only, not so funny..individual, novice investors got hurt..C,T,& Ss..there otta be a law.
Know what you have, and don't let the C,T&Ss..take it away from you..and for Goodness' Sake...don't margin your life's savings away..it is a tool, but not to be used lightly.
Darn..there I go rambling again.
Best, Savant