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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (1349)	7/2/1998 2:14:00 PM
From: Ahda	Read Replies (1) \| Respond to of 1911

Boy can i ever.

To: ahhaha who wrote (1349)	7/6/1998 7:48:00 PM
From: Vieserre	Read Replies (1) \| Respond to of 1911

Ahhaha I have often observed that before a stock resumes a down trend there may be a counter-rally with good volume, sometimes projecting the stock above resistance, that distinguishes the stock from the group and draws investor attention, particularly the momentum players. The thought then occurs why would this stock rally without news on volume, particularly when the group is performing otherwise. And when the stock subsequently falls sharply in price, often then leading the group down - it would appear that the stock rise was manipulated for distribution. When I observe this I am reminded of Livermore's comment that "stocks are raised to the highest level possible to be distributed on the way down". I often think about this and how it could be done. The question I have for you, as a person skilled and experienced in the market, is it feasible for a stock to be rallied by a manipulative group buying and selling to themselves on the way up, including short sales on upticks, to obtain a highest level possible with the appearance of heavy investor volume, so that the stock can then be distributed on the way down from a higher level. If legal, I can see how it can be done and could be profitable for the group owning the stock to do so if they expect the stock to decline in value. Vieserre