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To: AmericanVoter who wrote (84154)	12/7/1998 10:36:00 PM
From: Voltaire	Respond to of 176387

Very good point Amein. Now think about all the things you mentioned and how little did you hear about it today. Very little. Now when Boeing laid off workers, that is all you heard. I told you last night the MM's will bring us down gradually beginning in all probability Wed. They have all the tools you just mentioned. Dell will be interesting because it has to be high enough when this occurs to have them finish next week at my point, 69 7/8. We will see. Voltaire

To: AmericanVoter who wrote (84154)	12/7/1998 10:59:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 176387

Amein, as I understand it, the general thinking is that Clinton is in no danger of being removed from office, and there is a good chance he will not be impeached, so the threat of impeachment is an empty gesture. Second, there were news items earlier issued I believe by Treasury denying the rumor of Rubin's departure. Neither issue seems to be of much weight. Reality check time Now consider the market maker hypothesis. Think about it for a moment. For every buyer there is a seller. So even if "they" had the power to drive prices up by buying today "they" would gain nothing by selling tomorrow. From whom do "they" buy and to whom do "they" sell? Second, think about how deep the pockets of the market makers need to be to accomplish this. And even if they could, nobody has demonstrated how "they" could make money doing this. Furthermore, the premise has changed. Last week we heard "they" would be dropping the price of equities because "they" had so much cash on the sidelines that needed to be invested. I simply don't understand why normally intelligent, well-informed people persist in engaging in this kind of nonsensical conjecture when there is not a shred of evidence to support it. TTFN, CTC

To: AmericanVoter who wrote (84154)	12/7/1998 11:25:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 176387

Amein, people like Chuzz and some of the other idealist on the board refuse to see what is taking place in front of them. They have never participated in a shill game in their life. They haven't been there and haven't done that. They want to believe that everything that occurs in the market place is sanctified. Well let me tell you, put a billion dollars in a flee market and someone or some group will do what ever it takes to get as much of it as possible. Now Chuzz is right, in the market there is a buyer and a seller, ( brilliant deduction), however, he did not say that one of the sellers can be Houses or MM's. When they have the market up they can get rid of the stocks that they no longer want because of the euphoria and then when they psychologically bring the market down, they can buy the stocks they they desire at a discount. Now you would think these geniuses that we have on this board could figure that wouldn't you. Seen very simply from the porch. Voltaire