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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (55622)	9/25/2002 11:31:54 PM
From: Catfish	Read Replies (1) \| Respond to of 57584

Green, Just curious. Do you short the market, or do you even play the market? What is your investment perspective?

To: GREENLAW4-7 who wrote (55622)	9/26/2002 11:48:17 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

. . . The Business Of Corruption. . . Without a Bull market Wall Street in practical sense is out of BUSINESS!!!! Well put, Greenlaw. Wall Street is clearly in the BUSINESS of making money by SELLING, RE-SELLING, TRADING and MARGINING stock. The old adage, "no one profits from a bear market" was coined by floor brokers long ago. So yes, the entire industry is pulling for a strong recovery. So why are there so few signs of recovery. . . albeit short-lived? I am still of the school of thought whereas FOREIGN short-sellers have managed to increase their stronghold over key U.S. equities. . .through careful shorting and covering over the past few years. . .that they now enjoy a certain amount of CONTROL of direction, much the same as Investment Bankers and their flood of worthless IPOs to greedy eyed investors did the bull market in late 1999 and early 2000. Remember our lengthy discussions of the subject of Naked Foreign Shorts? And how Un-American the concerted effort was? Remember the mass shorting and put buying of Airlines and Re-Insurers on September 10th of 2001? Thousands of people do not "coincidentally" come up with and execute such a plan. It HAD to be well organized. And if such persons were following a short-selling leader then, then you can rest assured it is still occurring today. Now when you consider the exponential growth of funds from such active trading, especially margined, then you can imagine that after several years potentially billions of shares could be held short. . . . likely without the underlying borrowed shares. I believe this effort did not evolve on its own, but was planned during the tech boom. . . when we saw our OWN SI community gradually shift from being primarily bulls to outright FANATICAL bears. Hello? And frankly, it is the fault of the SEC and the U.S. congress, who refused to consider that America could be under an economic attack. Those who may have understood, yet refused to act are even more guilty. Forget the Kenneth Lays. If U.S. government officials turned a blind eye to organized foreign naked short-sell activities for the purpose of tearing down our economy, then there is guilt of treason-like acts within our own government that are FAR more serious than anything a CEO could do. IMO, HERE is the problem in a nutshell: What elected or appointed government official has the guts to open the can of worms that likely extends from Europe to Wall Street to Washington D.C.? My hope was with Trafficante. . . who was just the type of courageous congressman who WOULD and could find where the bodies are buried. However, he was "caught" doing what most every congressman has done for centuries. . . . receive "favor" for their position. He was wrong and knowing his high profile SHOULD have known better and kept himself above even the appearance of wrong-doing. . . but he ultimately let his ego get the best of him. . . and self-destructed. Now he is in prison unable to do what he did best. . . expose the truth when wrapped in a finely sugar coated lie. I still have hope that someone. . . perhaps a hungry investigative journalist . . .will one day expose what I believe exists. It may take our entering a depression before someone has the nerve to uncover the underlying geopolitical/economic pressures that may be the driving force. It is almost worth it. I have been writing regularly about corruption and manipulation on Wall Street for 4 years now. We have seen only a small bit of it come to light . . . Blodgett and Meeker - ANAL-ysts. . .the widespread book-cooking accounting procedures. . . corrupt brokerages and manipulative market makers. . . . . .before that boiler room penny stock operations. . . but this is still the tip of the iceberg. There is so very much more. <frustrated sigh> The simple Mexican fisherman lifestyle is looking better and better all the time. Rande Is