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To: GraceZ who wrote (93838)	4/13/2001 12:27:00 PM
From: stomper	Read Replies (1) \| Respond to of 436258

You are implying that the indexes are some sort of propaganda tool to sell stock rather than an effort to accurately represent in a set of numbers what is occurring in the present day market. Hi Grace. Is the above any different than the myriad observations during any single trading day that "they" are "jamming the futures" or "they ran that up in the last 15 minutes"? If markets can be and are manipulated (assuming one accepts that as fact), why would the promulgation of an Index be any different? I've always enjoyed your posts. Have a good weekend. -dave

To: GraceZ who wrote (93838)	4/13/2001 9:52:37 PM
From: Monty Lenard	Respond to of 436258

"Think about what you are implying" First Grace you need to know that you do not know what I am implying. All I am saying is there are a bunch of idiots and crooks on wall street and off wall street that tell people to buy and hold and never sell. LU is a great example. T is a great example of a crooked deal by one of the largest on wallstreet. MER and Blodgett. I think you probably know the story. What I am implying is that they use the AVERAGES to entice people to buy their recommendations and their recommendations may or may not reflect the averages. An example of what "I am implying" is this. I heard some broker say the other day (on the car radio) that if one had put 2000 in the market in 1962 it would be worth 1.2 mill today. Now that is what I am implying!!!! What if he had bought XRX with his 2000 in 1962? They use the charts on the AVERAGES to "IMPLY" that it is a no lose game if the NEVER SELL and that is a LIE. MOnty