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To: e. boolean who wrote (18271)9/24/1998 5:34:00 PM
From: OtherChap  Respond to of 164684
 
Indeed, the trend of direct tick-for-tick following of the dow INDU continues. Watching real time quotes you can see that there are an incredible amount of stop-loss sell and "on touch buy at market" orders all over the place. I state again publically that this stock is being manipulated, like crazy. Anyone can feel free to sue me over this (Are you listening Bezos?) because I know that the truth is the ultimate defense.

Tomorrow could be a really bad day- i'm sure the overseas markets are going to tank and the dow will probably follow.. Seeing that hedge fund "Long Term Capital" collapse today was very serious. And to top it off, according to all the sources I can find the folks who own the lions share of Planetall and Junglee are able to sell their shares tomorrow. You think they're going to wait to see this stock back at 60? Hell no, they're going to dump in a second.

****
. I believe that the manipulators -- maybe including a group of small online traders who have joined the scheme, maybe people like IMPRISTINE -- have been doing program trading using the INDU as their proxy (OC pointed out the odd correlation a few weeks ago), with bursts of buying on every uptick. As long as the sucker rally in the INDU continued they would keep this up. (The correlation has been almost exact - I wrote to the SEC this am to suggest they take a look at it).
****



To: e. boolean who wrote (18271)9/24/1998 7:50:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Hi e.b,

Your post is clear and straight to the point, and I do have some comments about it. But got little sleep last night so may I reply later. :)

Have we seen posts from Tempole lately?