SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (6762)9/22/2000 11:22:53 AM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
I was wrong about the FED being involved with the Euro intervention, it was Larry Sommers, the head of the Treasury, who acted on the behalf of Bill Clinton, who acted probably to calls from Wall St. big shots and Tony Blair to avert a world wide market melt, at this time. And Clinton wants to make sure his dems stay in the oval office.
They have enough push to do whatever the heck they want, but as I said, big traders know how to play this game too.
This is a real big story, will be interesting to see how it works out.
As for how I am playing it, I was short a few indexes, obviously took my profit this morning, just watching right now. I doubt I will take any substantial index positions today. Easy money on has been made on the index downsides, but I don't know if it is time to jump to the long side just yet either. So, best to do nothing.

This should illustrate to everyone just how much everything is manipulated.