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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (21473)	7/10/1998 4:23:00 PM
From: Nemer	Respond to of 94695

----->There was buying strength at the same time the market was dropping. Was the market being guided lower? Danged if I know. I'm laughing at myself now, for I can answer honestly and not be blowing smoke and use the standard closing phrase (unofficial motto) of the BK thread -------- BWDIK

To: Gersh Avery who wrote (21473)	7/10/1998 4:25:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

Gersh: The Specialist/Market Makers control the price. IE: I do not track "it" anymore, but Japanese funds use to make dividend plays in the eighties. Japanese regulations caused them to do this to pay dividends. Volume in the stock being accumulated would have a singe day volume spike of upwards of 2 to 4 four times normal, with little, if any price movement. Now I would call that buying pressure with no movement! WHY? I came across Richard Ney. I subscribed to his newsletter for several years. I found his books and philosophy regarding insider control and manipulation of the markets very enlightening. (One of his books: "The Wall Street Gang.") Regards, LG PS: My trading strategy takes his philosophy in to account.