To: AmericanVoter who wrote (84800 ) 12/11/1998 12:07:00 PM From: On the QT Respond to of 176387
Hi Amein, We appear to be on a different page from the same chapter. So let take a look at the point where we are together on this. In reading your prior post to Geoff Nunn, to which I contributed my thoughts on this, or if you prefer, I anted up in an open game and threw my two cents into the pot! We have progressed to the point where due to the MM expenditure of $125 million dollars, the price has been manipulated down from 70 to 65. Now let us review, if you choose, what we have said that addresses the area (s) for further discussion. Amein to TQ: " one thing, you are forgetting that the MM has created a downturn momentum... one that will be carried by the public and will bring the price further down... say another 10 to 20 points... afterall, the public is fearing loss, and if only 10% of the public panicked, and tried to sell just to get out... it will go down fast... very fast... then the MMs can buy at a much depressed price..." Amein to TQ: I will follow up on this... best regards amein TQ to Amein: "True, under the scenario you accurately laid out, I would be inclined to agree with your assumption that further downward momentum would probably take place, but what ever the price is at that time, whether created by the MM or not, that is the price for all to take or reject at will!" "The MM is at no greater advantage then it usually is. The Public is at no greater disadvantage than it usually is". So much for the history of our posts that I have culled out for further discussion. Please feel free to introduce any point from your prior post (s) and or mine on the subject that should also be on the table for further discussion . I will be leaving for a cruise, will be back by Dec 24. Therefore, I will not be able to respond to anything you address to me personally. In addition, you may find that you rather get on with the general discussion of MM and its effect on the Market, so my time table is mine and I will, when I am back, review your thoughts on the subject . You may very well wish to put this behind you and I of course will respect that. Look forward to fun, rest and relaxation! Sincere Regards, QT