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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (77054)	5/15/2001 10:40:54 AM
From: CharlieChina	Respond to of 99985

I'm thinking that press release you posed was pure propaganda. May times, when you have a huge, sentiment changing, order to unload fast, you hit the market with everything you have and then say it's a mistake. This way you do not look like a bad guy for selling and the markets don't get panicky right off. In addition, when the markets do go down. You can say, "Boy, did I ever get lucky". "I'm such a lucky man for making that mistake". I suspect the group who sold the huge position new exactly what they where doing (i.e price, time, method and spin control afterwards).