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


To: robnhood who wrote (28281)9/17/1998 9:44:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 94695
 
From A:

"What controllers must do then
is to spike futures or individual key issues to show a positive print.
For example, the
Nasdaq is weighted heavily by MSFT, INTC, CSCO and other

blue-chip techs. One
tactic would be to buy these en masse, or at least throw 10 or 20 million at each issue.
Chump change to a player like Goldman or Merrill. Momentum players notice the
upticks and the buying coming in on their L2 screens and they join the run. Even better,
issue a buy rating on an issue or initiate coverage to garner interest. Before long,
momentum is achieved and you have a full blown tech rally. When one major index
rallies, the others usually follow in lock-step."


but you agree that they do try to manipulate the MARKET????????????!!!!.....