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To: fut_trade who wrote (4090)12/10/1997 3:49:00 PM
From: purecntry5  Respond to of 27307
 
"There is no manipulation here. Try another stock."

You lose any shred of credibility you might have with statments like that. Im not sayings its ALWAYS manipulated, but to say it never is is absurd.

Cowboy Brett



To: fut_trade who wrote (4090)12/10/1997 4:39:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 27307
 
Pete,

I can't say YHOO was manipulated today, but there is clear evidence that it has been in the past (and I know that you know that). It's certainly probably YHOO is being supported by MM's with large positions in the stock.

Also, today the market rallied after the market futures suddenly jumped big time in the last 1/2 hour of trade on no news. That caused the arbitrage buy programs kicked in. This is not the first time this has happened and seems somewhat fishy to me.

BTW - I have long positions that benifited from this. I say this so you won't think this is a biased opinion from a YHOO short.