To: BWAC who wrote (6749 ) 5/6/2002 8:11:07 PM From: mishedlo Read Replies (1) | Respond to of 16631 The market criminals will drive this country into a serious recession very soon. Yes and no. Yes: A serious recession is coming Yes: The market criminals are rampant However, it can be proven that most stocks DESERVE to plunge on a valuation basis, and manipulation is not required. Period - End of story. I have no idea what has held them up so long. I take that back as they have been MANIPULATED UP in one steady stream of pump and dump. The Naz rises when there are too many puts in the money and sinks when too many calls in the money. Option volume is light this month so this is the perfect time for the crooks to tank the markets when there are not that many puts. Next month there are huge #s of puts so I expect a rise. This manipulation is more blatant than anything suggested on ESST. In general stocks are extremely overvalued and DESERVE on a FA basis to fall 50% at least (almost anything and some more than that). Wall street hype is amimed at keeping the sucker (excuse me investor) 100% invested 100% of the time. When the suckers (er investors) start pulling out, wall street keeps up the hype (the bottom is in, the train is leaving the station, pumping total garbage like EXPE and OVER to obscene heights) only to smash them down (when suckers refuse to bid them up anymore). Well the average investor (er sucker) is getting tired of this shi*t and is starting to put less and less into the markets. It takes real $ from real suckers to prop up the markets. Right now gravity has taken hold, and until too many puts get too far in the money, we will keep sinking. After we sink far enough, big money from big boys will buy every share they can at "manipulated down prices" (if you insist upon thinking of it that way), then run them up for weeks THEN and ONLY then issue all the upgrades, train is leaving the stattion BOTTOM RESTEST calls, abbey conehead spoos 1300 calls etc. If someone wants to investige something, ask Abbey Conehead how many shares of the Spoos GS is short. How many futures have they been unloading (while she has been hyping her year end targets). COTs are record short the spoos. The public is very long the Spoos. Guess who wins? I for one am as tired of this BS as anyone. To suggest stocks have been manipulated down is galling UNLESS one also suggests they are manipulated up on over-hyped nonsense as are KLAC NVLS AMAT OVER etc etc (yes even ESST). There is manipulation EVERYWHERE, not just down. Up down and around. Options expiry manipulation is rampant every month, pump and dump is rampant, they have artificaially held GOLD down for years, they are propping up or have tried to prop up TYC GE and a bunch of other companies. At one point today INTC MSFT CSCO were about the only things green on my screen (other than semi-equips). Is that a flight to quality or is that an attempt to prop up the index. Sh*t I can scream about manipulation with the best of you. The morning gap ups to sell all day. The gaps down and ramps when they want to buy. The NYSE specialist trading out of his own acct firts cause he sees the ENTIRE book at a time. The whole frigging mess is galling as hell. But all the talk about manipulation DOWN as if it does not happen UP and SIDEWAYS as well is naive. M