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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (2489)3/10/2001 8:20:53 AM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Ramsey,

>>>> I will never ever doubt your 3rd day AJC indicator again, never ever <<<<

Joking aside, there is a more serious matter with the Abbey J. Cohen indicator, that of manipulation. If I recall correctly, a year or 2 ago Abbey came out with one of her bullish calls, and it was alledged/reported by floor traders/CNBC that GOLDMAN SACHs bought a huge amount of OEX PUTs. I believe it was stated that it was over 100,000 contracts. A few days later the market sold off.

Whether Abbey knew about her own firm betting against her is the question. Is it illegal - no. Is there an issue of questionable ethics on the part of her or GS - maybe.