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Hello Bilo,
Over the last few weeks I've come to increasingly believe what you
say. Some of the markets behavior has been very suspicious looking.
Expiration week seems to often be "engineered", borrowing a term from
Geo Taylor. On TradingMarkets.com, Goran Yordanoff writes a great
column, esp if you're of the short and bearish persuasion, and makes
many of the same claims as you.
I'm reluctant to buy in totally--it just seems like someone would blow
the whistle on blatant market manipulation or that some other operator
would try to beat them at their own game. And conspiracy theories are
highly suspect usually.
Or is this more of an "invisible hand" phenomenon. E.g., large
institutions have the same self interests and as they enter and exit
the market their coincidentally similar actions tend to move the
market around. Of course, they would know this already and this would
eliminate any need to explicitly coordinate their actions.
How does this stuff actually work at the concrete, action level??
Best regards,
Jim Johnson
Friday, April 20, 2001, 6:57:47 PM, you wrote:
BS> for all of you out there
BS> the well street known fed market maker group:
BS> fed, gsco, lehman, salomon,
BS> citigroup, bank of new york ... etc.
BS> fyu, goldman is now a giant financial spiderweb
BS> just like microsoft is a software industry web.
BS> goldman sachs owns a family of financial companies
BS> including several of market makers in equities, options
BS> and futures, forex... they are a total financial undercover
BS> monopoly that controls every!!! US market,
BS> index trading and arbs, market making and
BS> money managment business, options you name it,
BS> they are in it...and they dominate it.
BS> they do it every day,
BS> day in and day out making hundreds of millions per day.
BS> there is virtually no competition for them.
BS> so if any of you still has this idea that the markets are
BS> open and free flowing, i suggest you wake your ass up....
BS> *the markets are tightly controled and carefully manipulated.
BS> the fed is in on it 110%.
BS> and there are limitations such as the crash of 87 when
BS> the hardware failed a bit... this crash of 2000 is
BS> a perfect example of a consorted effort to reset the markets
BS> and make some money in the process.
BS> there has to be a shep god to guide the sheep.
BS> but if you know how they do it, why they do and when they
BS> do it you can make big money. the clues are there many times
BS> although they try to hide those as much as they can.
BS> bilo.
BS> ps. it takes appoximately 100M dollars in margin deposites to
BS> control such stocks as yahoo given ave volume, tabletop
BS> and volatility levels. meaning given their virtually unlimited
BS> capital, they can whip a stock
BS> anyway they want anytime they want... they don't corner
BS> the markets though, they carefully guide it where it needs
BS> to be. most of it is done by market making
BS> machines these days. same thing in financial futures it's
BS> size domination, control and careful manipulation at
BS> key levels.
BS> have a nice weekend.
BS> ----- Original Message -----
BS> From: "Jack Griffin" <jack_2231@xxxxxxxxx>
BS> To: "Sean O'Toole" <sean@xxxxxxxxxxxxxxxxxxxx>; "Omega List"
BS> <omega-list@xxxxxxxxxx>
BS> Sent: Friday, April 20, 2001 4:16 PM
BS> Subject: RE: EL Rate Cut System - Why ?
>> --- Sean O'Toole <sean@xxxxxxxxxxxxxxxxxxxx> wrote:
>> > Today, from the head of bond syndication for a
>> > fairly sizable broker/dealer
>> > I learned the following: Goldman Sachs postponed a
>> > rather sizable offering
>> > yesterday morning calling syndicate members just 13
>> > minutes before the FED
>> > rate cut to stop the sale. Is that good timing or
>> > what??
>> >
>> > Sean
>> >
>>
>> If people at GS knew, it begs the question of how
>> difficult (or easy) it was for an NSA, telephone
>> employee, or any other person to have tipped them off
>> (that Greenspan did his teleconference thing that
>> morning). We have all seen enough option and stock
>> charts to know that insider trading is a daily
>> occurrence. If you ask me it is reason alone that
>> inter-meeting cuts should not be allowed. Perhaps
>> some day when all is encrypted. Now it is just
>> putting more $$ into the pockets of the powerful.
>>
>> Jack
>>
>>
--
mailto:jejohn@xxxxxxxxx
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