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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (9008)5/4/2001 10:29:32 AM
From: $Mogul  Read Replies (3) | Respond to of 19633
 
Yes GDP revision..and they popped the mkt liek a firecracker..Tom, this is showing the manipulation that is rampid... that is a very negative announcement that should permeate the mkt sentiment down. Just a few days Greenspan pumped 5.8 billion into the market thru repos and coupon passes, far exceeding the late 1999 record of 3.8B in 3 days. ago, The 10
year long bond is weakening further as the smart money doesn't believe
Fed Chairman's insistence of tame inflation. The CPI core rate excludes
food and energy plus other gimmicks to mask the inflationary risk. In
the real world, however, we do have to eat and have to consume energy.
Moreover, the Feb GDP number looks rigged. Would the US Central Bank
resort to outright fraud to support its twisted agenda?



To: Tom Hua who wrote (9008)5/4/2001 10:34:26 AM
From: Paul A  Read Replies (1) | Respond to of 19633
 
I did IMCL long at 36 1/2 but if she gets to 38 here I may just take the quick fix :)

I shorted more CCMP.. my thinkin is, if the semis bounce here and the market REALLY makes a comback and closes at a high today ill just stop out and reposition.. I still think this is the last harrah for a few weeks but not being too confident about that..

When I see things like CFLO blowing 2-3 points upwards in 5 minutes, it worries me.. :)

silly me..


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