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


To: Andeveron who wrote (28285)9/17/1998 10:28:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
Manipulate the generals (IBM, DELL, MSFT)

Hi Andeveron, I will also add that this has without a question been done since April 1998.

Also, as to others argument...."why would they move the market up in the last few days only to loose it all today."

Hell, they move it up during the day many times and unwind those positions faster than the last ones to get in on the move up. The very same ones that hit with the big buy programs are IMHO the ones that sell it off a few minutes later. They just need to watch the 1 min chart to see it happen. Boom... it will move hard for a min or two then you see it slow down (the late arrivers show up) then they sell it out from under them. Its like playing musical chairs where whomever is the last one to react does not have a chair because there is 1 chair too few.

FWIW this is MHO

Monty