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

To: coug who wrote (22428)	7/27/1998 12:41:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Coug; They make a killing off volatility, and you bet they have no integrity. Most of the Brokerage houses front run the market, looking at the momentum of the trades before they even get to the exchange or you or I ever see them. They know just when to short, and when to cover the short by buying it from some Johnny come late short going short to late. One short covering ( buying non existing stock ) from another who is selling non existing stock, With the Brokers and specialist always holding the top end of the stick, and giving the short end to their own clients. Just look at the stuff they don't want you to see, well you can't look at it because they have excuses for not showing it, but I mean look at what they don't want the average investor to see. --------------- There is no good reason that short positions can't be tallied, and displayed as a percentage of trades on any stock going & on a running basis. But then that would level the playing field and mess with their ability to skim the market. So they won't do it and the SEC don't have the gumption to insist on it. ---------------- Well so far I still see a double bottom on the SPX and OEX , Friday vs today. Until I see a lower low than we had Friday I will maintain this is a bear trap, if we drop below the Friday low , then I will change my mind. The big parade of Bears on CNBC has me thinking that we will see a reversal and pop up before long. Just like all the Bulls preceded this sell off. Jim