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Gold/Mining/Energy : USA Video Interactive (US:ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (523)	12/1/1997 11:42:00 AM
From: Clark Kent	Respond to of 1841

Here Ed, and all. I thought this was apprpriate at this time to copy this here. Thanks to the people at "per Spec tives....perspec@perspec.com" It is greed that makes stocks go up, and fear which makes them go down. And it is the illusion which tries to start them in either way. An example of the wizardry? I often watch speculative traders monitor the market book to see the depth of orders to buy and sell. The idea is that if the buyers appear to outweigh the sellers, the stock is likely to go up. Good idea. Only so long as what you see is what you get. But there is often a slight of hand at work. The savvy market makers, traders and promoters out there know enough to put up fake orders. Want the stock to go up? Put a huge buy order on the board, far enough away from the current price to ensure it won't get filled. Pull it when the market gets close. Want to send a stock lower to cover a short? Show lots of offers. Only one example of the amazing spectacle that occurs in every market, every day. Ladies and Gentleman that's magic. You can win in the markets if you know how the illusion is carried out.