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


To: Tommaso who wrote (28235)9/17/1998 8:08:00 PM
From: robnhood  Read Replies (1) | Respond to of 94695
 
Right on tommaso,, If those who think that the last couple of nights closes were manipulated up,, what do they think these manipulators achieved by that? To get buried today?

russell



To: Tommaso who wrote (28235)9/17/1998 8:11:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Tommaso: Well, you are one of the reason they get buy with it. Heck, they depend on folks like you! So believe what you will. I for one will not waste my time trying to change your mind!

I trade and invest with the knowledge the markets are manipulated! I do believe this realization gives those that use this knowledge wisely, an edge! I for one have dramatically changed my approach and my profits since! <ng>

Regards,
LG



To: Tommaso who wrote (28235)9/17/1998 11:02:00 PM
From: Moominoid  Respond to of 94695
 
Trillions of dollars of transactions are involved every day

I don't believe in this PPT, because where it does occur - Hong Kong, Japan, Malaysia it comes out in the open and all these places are far more secretive than the US. However, it certainly would be possible for someone to manipulate the price of a single stock. Even the big ones only have $100millions of trade per day. The whole US stock market is 10s of billions a day. The world Forex market nominally involves a $trillion or so a day in transactions but it is all highly leveraged on small margins.

Some people do get caught doing manipulations. e.g. Nomura in the Australian market recently. They were placing buy orders into the market at the same time as sale orders to try to keep it liquid and offload a lot of stock without a big price decline. The amounts involved were a large fraction of the daily turnover here.

All kinds of conspiracies exist but they involve loose coalitions that continually fragment and reform.