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Re: sp500 update



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Conspiracy theories????  Yea and the OJ murder charge was a vast set up,
a conspiracy, and DNA is just a little tiny three letter word.  Comedy
Central stuff. 
I grew up on a farm and once heard a farmer pontificate that 3 Jews were
controlling the price of soybeans on the Chicago board of trade.  I
always wondered about people who could spout such stuff.  It was usually
always backed up by just a FEELING.

Let's back up these statements with some semblance of rational.  Did or
did not individuals, funds, and other independant investors bid up and
buy stocks so that the DJIA went up??? Are we saying they were all
instruments of a, as yet, secret government conspiracy to drive up the
DOW???  Greenspan (the Fed) is certainly not controlled, nor was his
interest rate cut which drove part of the rise a surprize(secret). 

We did just have a normal reprieve (correction) from a vary sharp drop
in the Dow from the July peak to the October 8th low.  Could this be the
real scenario??  Just the average day ebb and flow of the markets.  Have
we all lost our market tools (i.e. marbles) ???      
Bob Heisler wrote:
> 
> No doubt this rally was manufactured.  While you certainly can't rule out
> political motives, especially with this administration, it was most likely
> was done to bail out Wall Street.
> 
> -----Original Message-----
> From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Friday, October 30, 1998 10:44 AM
> Subject: Re: sp500 update
> 
> >I think that we may be getting a manipulated rally to boost the election
> >polls here.
> >
> >Brent
> >
> >----------
> >> From: Proffittak@xxxxxxx
> >> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >> Subject: sp500 update
> >> Date: Friday, October 30, 1998 6:08 AM
> >>
> >> good morning
> >>
> >> obviously  my fri projection  of  400-600 dow points by fri did not
> >> materialize however. we did have  from fri hi to wend  low  over  300
> >points
> >> now we definetely have a berish divergence in  McClullen  osc.  nya
> >closed at
> >> the hi for this move unconfirmed  by osc
> >> other sins  are  new hi yesterday only imprved by  6
> >> and new lows INCREASED
> >> my vol in not offically on a sell  but only needs  one bad day to tilt it
> >to
> >> sell
> >> if we are up today take your money out of your 401k   mutural funds  etc
> >> becuse NEXT  week will be the killer