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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (387)6/18/2002 11:48:21 PM
From: ig  Read Replies (3) | Respond to of 589
 
Nice going, Dave. Stick to your guns!

ig



To: Dave Gore who wrote (387)6/19/2002 12:18:24 AM
From: TheStockStalker  Respond to of 589
 
If you want the Market to remain an active place, you better hope that this huge group of shareholders who can't daytrade doesn't get totally fed up.

I can hardly wait anymore for that actually. That is when bottoms have always been made. Remember when oil was "dead" and just broke 10.00 a barrel? Your favorite magazines that you always quote proclaimed the "End of Oil". That was what allowed me to make money and get into trading. Hearing you imply the end of the stock market as we know it is actually quite reassuring to me. You seem to want the market to be "fair" and pay you for being intuitive. The problem is that it is counter intuitive thinking that pays in the markets. Do yourself a favor and read "The Nature of Risk" by Mamis. I think it would help. Sure I agree with some of the things you say in regards to some very specific events.. but I think these things have nothing to do with your biggest problem and satisfaction with the markets.

TS



To: Dave Gore who wrote (387)6/19/2002 12:55:25 AM
From: TheStockStalker  Read Replies (2) | Respond to of 589
 
You said there was a double top, but just because that is somewhat true (actually there was a recent high of $25.....)

Actually it was 25.99 and that is the double top I was talking about. The one that came within 26 cents of where it tanked 2 1/2 years ago down to around 5 bucks and previously cut in half overnight from the same level another 3 years before that which took it to below 2.00. 26.00 is the perch from which most have been killed in that stock. This pullback seems minor compared to those >75% slips and a sign the the pain may be out of the stock finally. I think I will put it on my watchlist. A healthy company and a healthy stock is not the same thing no matter how much you would like it to be. The stock has/had baggage from the past that needs to work itself out. As far as manipulation goes, there was allot more of it trying to drive stocks up during the bull than bring them down during the bear. It was truly a bullish orgy fueled by the greater full theory on steroids. Though there was not much complaining at the time and now only from the "long term investors" that "do their own research and diligence" and drive sports cars down winding roads on the tv commercials as well as do Yoga and other self indulgent activities. I cannot imagine a market that can only be viewed as "fair" only if it succeeds in paying those that want to "play" with it on a part time basis and only check back on occasion to see how much they made and avoid following "the shenanigans" as you called it. How is this possible if the others that are in it are married to it and truly professional at what they do. Who then is going to lose I ask????

TS