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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (5479)	9/23/2000 5:43:02 PM
From: Munificent Gnome	Respond to of 30051

Zeev: The bottom line for me are the massive institutional buying that has taken place the past 3 months....together with some insider buying. Even on Wednesday and Thursday (last day I checked), BEST and GSCO were hitting the bid big time above 12 and I believe that inst. holdings now are close to 80%. That's why I believe either something big is up or a buy out. What I know is from public info...but the big boys sure know something's up. IMHO.

To: Zeev Hed who wrote (5479)	9/24/2000 10:00:00 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Message 14444685

To: Zeev Hed who wrote (5479)	9/24/2000 10:19:50 AM
From: orkrious	Respond to of 30051

Zeev, here's a story on your money supply theory and an impending rally. biz.yahoo.com Jay

To: Zeev Hed who wrote (5479)	9/25/2000 7:53:42 AM
From: orkrious	Read Replies (2) \| Respond to of 30051

Another good article regarding the election and the Powers That Be The Straight Story on the Currency Intervention By James J. Cramer 9/25/00 7:28 AM ET subscribers only thestreet.com Not one single article I read this weekend told the truth about why this currency intervention will probably succeed. Not one! Are the journalists all so afraid? Are they fearful about retribution? Or do they just have no memory? The intervention will work for two reasons. One is that it is an election year and, if the euro doesn't stabilize here, we might as well just give the keys to the White House to George W. Now that I have hung around the execs of these major networks and the commentators on air, I can tell you they don't know squat about the stock market. They tend not to be in at all, or if they have anything, it is with Fidelity, not even Janus. So they never get the real story straight. But you and I know better. We know this election is all about the stock market. We know that the euro's weakness was threatening to take the S&P down. What's a couple of billion to be sure that the whole stock market doesn't roll over? Cheaper than going in and buying S&P futures, I'll tell you that much. I am surprised that the Democratic National Committee doesn't think about buying some QQQs to keep that ball in the air. Much better money spent than on those silly TV advertisements. You keep the QQQs above 94 between now and November, and Gore is in. I know that would be a good use of the money I gave them. Better than those nasty attack ads. Secondly, the intervention will succeed because the big hedge funds who used to tilt against intervention are all out of the business. The hedge funds that loved to shoot against governments, and their satellite piggy-backers at the big investment banks, have all moved on to hedge-fund heaven -- or hell, if you are looking at it from the Malaysian and British Treasury points of view. Hedge funds loved to test the mettle of investment bankers. And they almost always won, except that time when Bob Rubin hit them right between the eyes during the big dollar bottom. Without the fire-power of these hedge funds, always levered at some astronomical level with help from the brokers, there won't be anybody shooting against the intervention. So it will most likely work. And what needs to happen to keep the market rocking will happen. As it always does.