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Pastimes : Richard Ney and the Wall Street Gang -- Ignore unavailable to you. Want to Upgrade?


To: ccryder who wrote (40)12/9/1997 11:38:00 AM
From: BenYeung  Respond to of 492
 
The volume on AEHR is too little, but I can see that the spreads are big and each trade is several percentage from each other. What is your analysis?

Your prediction on the market is right on. Nasdaq MMs sold short on Monday prepared to plummet ORCL and other stocks. Had OCRL beat estimates, they call it "not meeting whisper." IF they missed estimates, stock will also plummet.

Are you into George Soros' work? In his books, he has a graph showing the boom bust scenario. Bull market begins with low expections and raising stock prices, then expectations starts to pick up and stock follows. Expectations then raise so high that stocks cannot keep up, then bust scenario occurs. We are now at the later stage in terms of earnings.

The companies are by no means in the recession stage. But the Wall Streeters put up big numbers for their greedy purpose.

Good luck



To: ccryder who wrote (40)12/10/1997 11:03:00 AM
From: BenYeung  Respond to of 492
 
Stocks are lower today as expected. From the action of the Dow, I can see that there are more short term downside to go.

I can see that you have learned the Ney-ism from some of my posts. Very good. Lets now discuss some of the FLAWs of the system.

1st Flaw: Some people do sell at the high, buy at the low. That is contrary to the MM/Specialist's wishes and reduces their profit potential. So you have to consider this: More people has to sell at the low than buying at the low, and more people has to buy at the top than sell at the top to be profitable for MM/Specialist. This is sometime impossible to achieve.

2nd Flaw: Ney suggests that MM/S pulldown prices to attract sellers and raise prices to attract buyers. What about some laggers which never performed?!?!? Going from $10+ to less than a buck is not a "collecting inventory" practice.

So, buying strong fundamental companies @ low prices is the safer way to play the stock market.

Price fixing is REAL. Look at ORCL opened down 9 bucks, OXHP opened 24+ lower, among many other open ups or downs.

Ney's manipulation theory is correct, but his prediction method of individual stock movements has flaws. Please evaluate and give some of your input.



To: ccryder who wrote (40)12/11/1997 2:27:00 PM
From: BenYeung  Read Replies (1) | Respond to of 492
 
Ccryder, we had a big slaughter today in some stocks, but many others are still not experiencing the "big down day with huge volume." The midday rally convinced me that more downside is coming.

I am so glad that I sold my QNTM option, COMS stock....for a profit back in early Oct. They are in low, but not bargain range yet.

I am still hanging on my losing JBIL, and my SBUX which is even. Planning on adding NWCI to my profolio if it hits bottom on a huge volume day (today, it has above average volume and almost hit my buy range of 1 - 1.5 bucks)