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Re: The SP this morning



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it would help to study game theory and 
such terms as agents,  mutualism,  predator prey, domination,
cooperation, manipulation...

could be:
- working in a large buy  for a client ( 10K dow or whatever )
- unloading a long 
- putting on a short for the day
- getting squeezed on a short 
- testing...

as you can see it does not tell you much... but who cares... as long as 
the market goes somewhere.
trying to figure out what they are doing is worthless.
trying to figure out what the market will do based on what they do is what 
you need to do :-) and how do you do that? because inevitably the market 
will try to do that worthless  ;-)  

bilo.
ps. equities traders work  the futures, pit players watch the equities,
no one know what the f..k is going on...
at same time somewhere in a quiet hidden place we print the Benjamins...


> 
> I heard from a friend this morning who has an SP squawk, Solomon was in the
> SP futures this morning bidding aggressively 400 lots at a time, which most
> likely explains the divergence between the SP and NAS this morning.
> Apparently he was primarily responible for the first rally from 1107 to
> 1112, and the second smaller one, and a couple more times around 1111.00.
> Maybe he was protecting an option position who knows.  Anyway, say that we
> did succesfully keep the SP bid long enough to attract buyers.  THis then
> starts a ripple effect through the markets and individual stocks start going
> up.  Is this the way it works?  Can one person (group/comapny) have that
> kind of impact?  Seems like there should be buyers for stocks first, which
> would move the cash which would then move the futures, at least in most
> cases.  Can 1 group like this keep the SP futures bid long enough to turn
> the tide of the entire market without support from many buyers in
> inidividual stocks?
> 
>