Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: m-top who wrote (151)	2/3/1998 12:55:00 AM
From: BenYeung	Read Replies (1) \| Respond to of 492

John, Thanks so much for the URL. I told a little time to read it and it reconfirmed of my belief (I was like "HOLY SH*T" because the report explained everything down to the SMALLEST detail, I have not seen a more detailed report since the 1963 investigation). These people should be hanged for gaining in the expense of others. Its pretty clear that the SEC knows everything about price manipulation but they played low key. And I still cant believe so many people dont understand how the market really works, using the same old supply/demand and buy/sell/short. Winstonwolf, I have been checking out a company called CheckFree (CKFR), also in the business of FDC, but is much smaller (and bigger growth for the matter). Whats your opinion on that? To JBILheads, Were has Fenton been lately? Today, we had a 201 point sucker's rally, which gave alot of people optimism and bought in on raising stock price and volume. Any opinion on how low it could go before the next advance? I can see 500 points from here (7600).

To: m-top who wrote (151)	2/4/1998 1:43:00 AM
From: BenYeung	Read Replies (1) \| Respond to of 492

John, based on your experiences with the specialist/MM system, how do you interpret the different outcome of the next two slammed scenarios? OXHP went down to 25 dollars from 60s, and slid to 14. EFII went down to 13 from 52, and now at 17. So seem like OXHP did not conform to the drop to cover then raise price to unload scenario, while EFII does. What is your interpretation? Or you may use your own examples if you like. Price is definitely what drives investors. JBIL (which me, Winstonwolf, and ccryder follow) had a 300k day last week going nowhere, and today they had a 2M shares volume and stock is up 4. (Average day is 1M shares) Absolutely no news in these two weeks. Simply tells that traders wait until stock MOVED then they get in. Many people in the JBIL thread (other threads too) makes wild prediction on what 50ma is support, what volume looks strong, what BOP, what CSCO's earnings boasted JBIL, where stock will be in a week...all irrelevant and wrong if they dont really know how the system works. Some people in JBIL even talks about what (they think) MMs of JBIL will do in near term... Lets see how high the market can go in near term and how low it will drop... PS. The spell check is so cool.