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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (50214)	1/19/2006 5:00:33 PM
From: Mike Johnston	Read Replies (5) \| Respond to of 110194

PPT footprints. This is a specific proof of PPT operations: XLNX huge blow up in early October, price collapses from 28 to 22 on huge volume. For the next two months, price goes up almost every day with no pullback and the whole loss is retraced, as if the warning never happened.In a normal market the price of the stock after a major warning never recovers so quickly. Today's close almost 30. Earnings came out after the close, stock plunges after hours to 27.5 This pattern keeps repeating itself with many other stocks. Heavy intervention in Sp500 and nasdaq100 keeps pushing up all the stocks except the ones that warned in the previous few days. The more warnings there are, the heavier the buying pressure on the remaining stocks in the indexes that have not warned that particular day. In a normal market the stock would not erase all the losses so quickly, after all, the fundamentals cannot change that quickly. There is no real demand for stocks, it is all index buy programs.