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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (13091)12/13/2001 12:52:28 PM
From: LTK007  Respond to of 99280
 
<This is absolutely blatant government manipulation.> i think the various forms of funds are highly involved here.It is they that need a lot to answer for,also.Fidelity and Vanguard our the kingpins of BS,more than the government i believe.Mutual Funds were NOT a massive industry 20 years ago,they were diddly pipsqueeks but since that time they have grown into Octopussian Monsters.
The dependence of the public regards the market was not a big deal like this since the roaring 20s(during the horrid 1966-1982 phase,there was not this obsession and fear about the market,the country did not have it's lifeline attached to the market).They MUST keep the public convinced they are THE ANSWER or the MFs start folding up.
The constant spin from MFs to buy(do they ever suggest you don't buy?:) be really but the constant sound of hucksters on the level of used car salemen--this is their industry,their meal-ticket,and they have ONLY one reason to breath--sell stocks,always and at all times.Max



To: sylvester80 who wrote (13091)12/13/2001 1:20:59 PM
From: byhiselo  Respond to of 99280
 
<<The government should get the hell out of the (free?) markets and let them run their course>>

come on, do think the markets are ever really truly free?

markets will selloff when they are good and ready and probably when you least expect it, just be on the right
side of that trade...as well as the subsequent bounce -g

back to the bear cave for now

cheers