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


To: Don S.Boller who wrote (32226)10/23/1998 7:38:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Do,

You want to hear about market manipulation, how does this sound? The U.S. Government has about 16 billion dollars worth of treasuries to sell this month, this does not include corporate treasuries.

They know the best way to get people to buy treasuries is to scare investors out of the equities markets.

Therefore, can one expect a government official to make a public statement about the instability of the stock markets and scare investors back into buying treasuries just so the treasury auction can go well? Maybe over the weekend? There will be the sell off in equities until the auction is over. Manipulation?

GZ