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JT,
I don't think they were in there with EXDS or HLIT or Zoox.
Looking at the tape, how in the heck could they be buying in 100 share
lots,
and twosies and the occaisional 2K or 5K blocks? There are scads of
people who are liquidating this stuff because the bought so cheap... And
don't forget the margin calls.
Maybe in the bowels of some undergound bunker in North Dakota there is
55 massively parallel Cray computers orchestrating the buying of
stock...these computers are kept cool by liquid nitrogen stored in old
Minute Man missle silos.
I think they take thier cue from a 34 random sample of stock market
newsletters.
Some months they use Norman's AstroTrend all average of planetary
vibration, other months they use Oextrader's guidelines.. but always in
a random fashion. Perhaps on whim next month they will go contrary to
Earl Adamy's 1x2 matrix, forcing him to liquidate a position in a NY
commodity pit....
On May 1st I will be offering lemming hamburger in 100 lb units to
Burger King and MacDonald's.
All in jest JT..
Best Regards,
Don Thompson
> James Taylor wrote:
>
> It is a proven fact that governments manipulate their stock, currency
> and commodity markets, and today was a classic example. There is
> absolutely no other explanation of
> the massive rebound.
>
> Does anyone know the details ?
>
> Who does the government execute orders thru ?
>
> How much cash do they have available ? (certainly the market is
> bigger than they are, especially given the absolute ridiculous
> prices) Wondering when the dike will overwhelm this out of control,
> irresponsible Federal Reserve.
>
>
> The bad thing is, a lot more lemmings will be sucked into this abyss,
> now that they are led to believe that all dips should be bought and
> they will eternally be rewarded. Now that over half of the US
> population is playing the market, the chaos will be widespread when
> this thing really breaks loose and the government runs out of trading
> money.
>
> One thing the manipulators better consider, they eventually have to
> resell those piles of overvalued trash that they are buying with our
> tax dollars.
> The Hong Kong government had this dilema after it bought heavily to
> support the HangSeng, and had to contact a US investment house for
> advice on how to unload the shares it bought.
>
>
> Eventually, this irresponsible administration will have to reap the
> seeds that it has sown.
> My bet is, it will be sooner, rather than later.
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