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 : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: greenehugh who wrote (475)1/3/2001 8:27:28 PM
From: hjz  Read Replies (3) | Respond to of 6445
 
Greenspan to the rescue again just when it looked like the market was breaking down, a rate cut saves the market. I was expecting a move before the unemployment data on Friday but I didn't realize that Greenspan gets a preview of the data early. The interest rate move was taken because of that preview of data. If you look at the buying this morning there where some very large blocks of certain stocks like JNPR, SDLI and EMC. These traders pocketed millions of dollars by getting into these stocks before the move. It is amazing to see how these tech stocks are manipulated by large fund traders. I will just give a hint of the information I have uncovered but one fund purchased almost 900,000 shares of a stock that went up 30 points after the rate cut. Do you think that he might have known about this rate cut ?? It will be a day that will go down as a turning point for the market but it also might be a turning point in revealing how these stocks are manipulated.

HJ