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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (72210)6/29/2001 4:38:56 PM
From: Kevin Podsiadlik  Respond to of 122087
 
I like how one fellow put it: "I really think the Nasdaq should replace the cellophane tape on its wires before it thinks too hard about going public."



To: xcr600 who wrote (72210)6/29/2001 5:29:28 PM
From: Anthony@Pacific  Read Replies (3) | Respond to of 122087
 
I sent an email out to everyone last night stipulating that today is the month and quarter end marking period and the market would surge at the close, when the NASDAQ mkt failed the pressure by funds and pros was so enormous that they wouldnt be able to artificially fix the prices that are used to calculate inventories the NASDAQ mkt capitulated and allowed another hour of trading to extend the time of the stocks so they could be ramped higher.
Today we saw this artificial trading in its full force without real traders in the eay, since many left for home at normal times, but the funds and the russel index buying was very heavy and as a result we saw many pieces of pure crap jump up to levels that are not warranted. What NASDAQ allowed to occur today just proves that the market is rigged for the benefit of the pros, period

The mkt will sell off on MONDAY.