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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: 18acastra who wrote (2903)	3/9/1998 7:42:00 PM
From: gs	Read Replies (1) \| Respond to of 6317

It has nothing to to with market makers, just read biz.yahoo.com

To: 18acastra who wrote (2903)	3/10/1998 12:50:00 AM
From: BenYeung	Read Replies (2) \| Respond to of 6317

<<Don't think this move is caused by MM's>> Every move in the MARKET is controlled by MMs/specialists, since day one under the tree on Wall Street. Declines as well as rallies are caused by the exchange's true mechanics, but no one questions rallies but blame things on declines. MMs does a great deal of good if you buy when they buy so you can profit along with them. A big decline is bullish in my view. <<Are market makers picking on 5-10 companies at once?>> When the stock rallied 5+ points due to the GS conference, who questioned if MMs pick on multiple companies. I sure did. Now, the "sell-off" applies too. <<It was simply panic selling, like we have seen happen to the stock before.>> Sure it happened before, cause the mechanics of the exchange don't change. You can explain it with news/downgrades/panic selling, but I have my way of explaining things. However, I didn't invent this philosophy or conspiracy because I am not that creative. Its documented in SEC's Investigation Report in 1963 as well as Richard Ney's first two books. From today's chart, it looks just the reverse of the rally to 53...MMs encouraged people to sell all day today by moving it lower little by little just as they moved the stock higher a bit at a time back in that 5+ points rally (I called it "MMs spread their legs all day..." :) ). So what is my view? Bullish. Why? MMs moved down ALL DAY as opposed to a first-hour dive. The mechanics are different and its hard to explain in a few lines, especially when you dont believe in the conspiracy in the first place. I cannot really put any words in your head for you to understand. If you want sources, I ll get them to you. Oh, by the way, just like everybody else, it was just my opinion. :)