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

To: James F. Hopkins who wrote (28988)	9/26/1998 12:18:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

Jim, it goes far beyond that issue! About 6 years ago I noted to Knowledgeable individual that I was surprised that the market was going up in December. He noted that Fidelity was buying BIG for their personal account, and would then sell the shares to the mutual funds in January when the market was up. It really goes back to whose interests are being served. The sheep assume the mutual funds and brokerage houses are on their side, which is far from reality. Berney

To: James F. Hopkins who wrote (28988)	9/26/1998 2:54:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

<<<<They get fined here and there almost token sums, then turned lose & never have to admit they stole anything. When all along the SEC knows they did. And the fines are a paltry amount to what they steal. It looks like the SEC is just there to make people think the market is being policed. As far as I'm concerned it's a joke, the only ones that ever get caught are pure stupid, or fail to cut their boss in.>>> The whole security industry and the SEC is like "leaving the Cat to safeguard the milk"<ggg> In a way in the US the SEC does not let those things to go out of proportion. - e.g $100,000 now or there for the SEC is OK. The problem is that it is piling up. Aside stock manipulation can be done also in a legal way and it is done daily. BTW I meant to impose higher margin requirements on BROCKERAGE and BANK they are the real GANGSTER and ROBBERS BWDK Haim