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


To: John Hunt who wrote (14873)3/15/1998 9:50:00 PM
From: TRICKY  Read Replies (2) | Respond to of 18056
 
"how long will the conspirators keep the market up and rising? What will the first signs be that they are out of their positions, short and ready to let it fall?"

They can only delay the crash, not prevent it. When the market wakes up and decides to come down, nobody, not the government, not Soros and the Rothchilds, nobody will be able to prevent it. It is bigger than anyone. When you see the signs of this happening it will be too late. What will you do when the futures are lock limit down at the open for a week straight? Go on vacation for a week and come back to find the dow at 2000. Fun.



To: John Hunt who wrote (14873)3/15/1998 10:11:00 PM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
Re-post Article How IBM And The Futures Market Saved The Day For The DOW

206.15.118.165

Here is the NY Post article speculating on intervention by the Plunge Protection Team using the futures market.

<< We also know that in 1989 former Federal Reserve governor Robert Heller proposed precisely what should be done in the event of another market collapse. Heller, who left the Fed just months before making his thoughts known, suggested rigging the markets through the massive purchase of stock index futures contracts.

"Instead of flooding the entire economy with liquidity, and thereby increasing the danger of inflation, the Fed could support the stock market directly by buying market averages in the futures market, thus stabilizing the market as a whole," wrote Heller in an op-ed piece in the Oct. 27, 1989 Wall Street Journal.

These derivatives can be purchased cheaply and they tend to pull up the cash market on Wall Street along with them. >>

John