PureBytes Links
Trading Reference Links
|
This thread is getting old. Everyone is talking about market
manipulation. What do the good old boys do in the pits when they run
the stops or jump on thin markets for their own benefit?. What about the
big firms that make markets in stocks and manipulate the spreads and
have hundreds of brokers call their clients to drive a stock up so that
they can unload their inventory? what about the analysts that will
follow one company and therefore it runs and has a play when another
company that is as good or better languishes? What about the specialist
that will cross a block, take all the book between the current price and
the cross price and then take a big piece of the cross? And everyone on
this list would love to have the financial power to move a market so
that it would let him profit from it. This holier then Thou attitude
just doesn't digest well. Everyone in the market is looking for an
edge. So don't cry if the government is looking to cover its A-- so it
can keep on collecting the pay checks and deliver the pork. Ira
steven poser wrote:
> I am hearing that the rally is all caused by Hillary Clinton. She
> figured why trade cattle when you can buy spooz for $250 a point?
>
> Steve
|