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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (18714)	12/6/2002 3:44:57 PM
From: Jeffrey S. Lillie	Respond to of 30712

i rememver reading apost from someone last night saying we hve been on 1060 ndx for two days straight. no way we do it again. fri wer are moving. NOPE. 1060 could even be the close. just goes to show you, the market rarely does what we expect it to j

To: ajtj99 who wrote (18714)	12/6/2002 3:47:23 PM
From: TREND1	Read Replies (1) \| Respond to of 30712

Are you selling UOPIX today ?

To: ajtj99 who wrote (18714)	12/7/2002 6:20:41 AM
From: LTK007	Read Replies (3) \| Respond to of 30712

Specific response to aj, and a bit OT, i suppose.--AJ(first i apologize for the "rubbish" remark, i was in my high passion mode),i here now simply re-post a response i made to a PM(and then close this topic), to say why i don't like what i see, and i will seek to see if the 1987 Executive Order places any limits on what was to later be known as PPT. Regards Onishka --simple "He GOT LUCKY!!". I saw this PPT move beginning to show when i saw someone SITTING bigtime on MSFT bid during the hour before pre-open. Then, and i wrote this at the time, you could see the prop holding action; holding action for what??? We soon found out; it was the Press Release.(and the "new hope" scam action, "we got our scapegoats, now think about how the new men will solve all are problems. Buy!"---i will go on record to say this was a totally orchestrated action to match the terrible Employment Report, that be my vigorous opinion.) It would have been VERY bad, after many weeks of the Street building up the market for it's end of year "wing-ding" to have that all lost on a day that WOULD have blown apart the Bull TA, a broken this 2002 rally action. in response to PM where PMer wrote <<Also isn't it ironic how AFTER the elections unemployment rate suddenly takes off and several Bush administration cabinet members resign. IMO U/C rate by my read in this area is more like 9%. The government is not counting those who come off U/C benefits and I know a lot of educated people who are unemployed. I spoke with a state worker yesterday who works in the career link office to help unemployed people get back to work. He told me their are numerous unemployed long-term, and if they have limited skills many have been seeking work for over a year. The government is feeding us big-time BS. >>> i respond to PMer, as follows> The political machinations and market propping is creating thin ice and we have a lot of skaters skating on it who don't have a clue. I am going to dig up that 1987 Executive Order that creates PPT and see if it bestows it unlimited power to do whatever is needed to stabilize financial markets(because that would mean they can do anything inside and outside the law.) What i am trying to tell people, by propping and propping the market the government is making us extremely vulnerable to any AlQueda terrorism. They know our weakness is our inflated market. If our market was NOT inflated ALQueda could commit an act of terror but could not cause a disastrous market crash---we would survive. But let's say they were to blow-up one Walmarts, these evil fanatics not only kill the innocent, the market collapses because the Market KNOWS it is a stuffed pig right now---and the repercussions economically would be staggering. I see WallStreet as an organization that has made us extremely vulnerable to terrorist attack. If we had just let the market hit Bear Market evaluations like in 74 and 82, we would not be nearly as vulnerable ---hard fact in times like this sacrifices need be made but we are NOT making them.. The Casino remains OPEN!.PaxMax