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


To: Justa Werkenstiff who wrote (64876)5/9/2002 4:15:59 PM
From: t2  Read Replies (5) | Respond to of 99280
 
I don't understand how this market could have opened up 60 points yesterday? "They" did not let the market even open up for example 20points and then rally to 120. That is why I found just so odd.

Some sort of manipulation to suck in more buyers and seemed to be done so well. Almost looked coordinated yesterday by the MMs.



To: Justa Werkenstiff who wrote (64876)5/9/2002 4:55:45 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Justa, I haven't looked at any charts yet, but I would expect a flat to higher open tomorrow based upon our close on the low end today. They'll try to get it up, but the end result will be a drop to the gap. That's what the MM's want anyway.