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


To: Mike Johnston who wrote (50298)1/19/2006 5:08:07 PM
From: UncleBigs  Read Replies (2) | Respond to of 110194
 
The continual underlying bid is all part of the plan. Tricklenomics will save the economy. Insiders can cash out their options at high prices and build dream homes. Lots of employees are needed to support corporate insiders. General contractors, framers, electricians, tile setters, feng shui consultants, manicurists, massage technicians, landscapers (illegal aliens), psychologists, and on and on.

The Fed prints money, buys stocks, corporate insiders sell, speculators profit, and the crumbs all fall down to the little guy.

Meanwhile, Bush's buddies in the oil business couldn't be happier.



To: Mike Johnston who wrote (50298)1/19/2006 5:23:18 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
I really doubt the PPT has any interest in XLNX or any other stock like that.

You are instead describing a situation of mammoth liquidity and the willingness of a zillion hedge funds buying bad news on the theory that "all the bad news is priced in"

The PPT might buy indices in a plunge but they have never heard of XLNX or any other minor issue IMO. Personally I doubt the PPT has been active for a long time, the last time might have been the london bombing or stopping the collapse in Japan more recently. The first is far more likely than the second.

Mish



To: Mike Johnston who wrote (50298)1/19/2006 5:39:47 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 110194
 
I think some of what you see is options related and some short related. The dump that XLNX took back in Oct was on 10X avg vol.

If indeed lots of traders were taking the short side and buying puts that provides the fuel for buying pressure.

When you buy puts, who do you think you are buying them from?

If you are buying from someone that is writing them, then they need to open or have a short position to hedge. Just as a call writer would buy the underlying to hedge.

When price didn't keep falling shorts became underwater and caused the price to move.

Don't forget, MFunds have a reason to keep prices moving up, so it's easier when they have shorts too squeeze.

JMO



To: Mike Johnston who wrote (50298)1/19/2006 7:32:21 PM
From: Paul Kern  Read Replies (1) | Respond to of 110194
 
PPT footprints.

Take a look at Fannie's chart and see if that doesn't have the footprints all over it folllowing the drop to 41.11.

stockcharts.com[w,a]daclyiay[dc][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G



To: Mike Johnston who wrote (50298)1/20/2006 2:56:10 AM
From: westpacific  Read Replies (1) | Respond to of 110194
 
There is no real demand for stocks, it is all index buy programs.

Yep, prop job of the century. Real markets, free, they no longer exist. It is for the good of the country. (in other words, big, fat cat corporations that sponsor politicians and drive massive banking profits).

West