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To: T L Comiskey who wrote (121078)6/28/2002 8:16:09 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
thanks for posting that, Tim. makes total sense to me. the PPT will only delay the ultimate day of reckoning for the bubbleheads, and lure more people into complacency at a time when supreme vigilance is needed. each time the PPT "saves the day", people get reassured. but then the market inevitably breaks again to lower lows, at which time they are again reassured before they jump out of the pot. over and over again. the perfect recipe for Frog Stew.



To: T L Comiskey who wrote (121078)6/28/2002 10:39:36 AM
From: John Hayman  Read Replies (2) | Respond to of 152472
 
Market action .

I know I am truly amazed the last few days by these markets. Not acting logically . Look at today, we are green after XRX news hits the wires, go figure. Nothing seems to discourage investors at the moment. This doesn't act like a market bottom that I know of.

Well, just look at NOK today, it is making some nice moves. Where is the good news?? Did I miss something??

So, that post from the Lone Ranger makes me wonder. ????

John



To: T L Comiskey who wrote (121078)6/28/2002 12:26:43 PM
From: JohnG  Respond to of 152472
 
T L Comiskey. OK, If the futures markets are manipulated by the "Plunge Committee", then the COT reports become suspect as an indicator.