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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (25268)8/23/2001 12:30:42 PM
From: Bocor  Respond to of 30051
 
>>Please explain to me how a stock that trades 12,000,000 shares a day gets "manipulated" for a month >>

Probably the same way an index trading 1.5 billion shares a day can be manipulated to 5,000.



To: vampire who wrote (25268)8/23/2001 12:31:05 PM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Let's say you are a fund manager overseeing hundreds of billions of dollars. Let's say you see that the bubble is bursting and want to exit as much of your positions as possible before the decline is "noticed". You sell everything except QCOM to prop the indices up.


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