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As I see it, it shouldn't matter to the trader if there is manipulation or
not. You should be prepared for all contingencies. From what I'm leaning
there is some degree of manipulation going on in all markets at least some
of the time so plan on it.
I just recently received a couple of letters from Sumitomo Copper
Litigation. It seems that illegal manipulation of the copper market happened
a few years back when it was booming and now there is a class action suit
going on that I don't altogether understand but it is clear that an effort
to manipulate copper was going on and I recall that I told other traders
that I thought that copper was doing something fishy back then. I suspect
that these copper manipulators were just too obvious and got caught but
funny stuff happens frequently; if it involves money the question isn't
whether it exists it's just a question of how much and by whom. I think the
fed manipulates markets and that governments manipulate markets and anyone
else that thinks it's to their advantage (and that they can get away with
it) tries to manipulate the markets. So like I said, plan on it.
Brent
>Of course, the Hong Kong market manipulation was not hurt by three Fed
>rate cuts either.
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