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To: Lucretius who wrote (32964)5/15/2000 12:54:00 PM
From: Jack of All Trades  Respond to of 42523
 
I suspect the PPT is GS as they have spent $5+B on a new electronic trading system that is said to be totally computerised with no human intevention... Yeah right, I bet they tell at least to go long or short...

So if they spent $5+B on the system how much $$ are they using to manipulate the market?



To: Lucretius who wrote (32964)5/15/2000 1:07:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
that's a misconception...they're using OTHER people's money, so they have this odd principle of buying no matter what happens. stocks go up, they and you (the investor in the funds) win. stocks go down, YOU lose.