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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (10015)	12/3/1997 7:00:00 AM
From: Jack Clarke	Read Replies (2) \| Respond to of 18056

John: You are right. Some excellent reading in the link you posted. I have printed it out to read more leisurely. Some musings on the overnight market (FWIW): I have seen this pattern before. Some bad news hits after the markets after the close (COMS, the techs, etc.). Japan is down overnight. The overnight S&P futures (I chart them in real time via signal/trade station) get sold off. Then about 5:00 AM, almost precisely, somebody (?) starts buying those spoos and they turn on a dime to head up. It's as if someone woke up, looked at his screen, and said, "Damn, they're down again. Better pour in some money and drive 'em up again." I smell manipulation. Question: Who are these overnight dipsters? And more importantly, How long can it go on? Jack