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

To: mishedlo who wrote (50304)	1/19/2006 5:33:25 PM
From: Mike Johnston	Read Replies (1) \| Respond to of 110194

I did not mean to suggest that PPT has interest in any particular stock. What i tried to show is that massive index buy programs initiated by PPT are pushing severely busted stocks beyond the levels that normally those stocks could reach so soon (few weeks) after a major warning. The only exception to this could be a drug company, which for example might suffer FDA rejection for its drug, plunge , and few weeks later FDA might reverse itself and the stock would recover all the losses. In majority of companies, business conditions cannot change that rapidly to explain how a stock after a major warning can trade higher than before the warning, in a matter of weeks.