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Go back to sleep, and keep believing the bs you hear from your local news.
We are in a 'new economy', times are great, surpluses forever, national debt
paid off by 2013, you will receive all of the social security money you paid
in (even thought the fund will be broke by 2014, and is already
technically), Gore invented the internet, ...blah, blah, blah, its a buying
opportunity can't you see !?
----- Original Message -----
From: nwinski <nwinski@xxxxxxxxxxxxxxx>
To: <jptaylor@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 05, 2000 3:35 AM
Subject: Re: [RT] Re: US Govt. Manipulation of Stock Market
> James,
>
> How do we know you aren't a government plant place here to promote the
> government's aims and positions?
>
> Conspiratorily,
>
> Norman
>
> James Taylor wrote:
>
> > Just yesterday the US Government bought $10 Billion worth of 30 year
T-Bonds
> > for the Japanese Govt to offset the Japanese Govt's purchase of US
Dollars
> > the day before when they intervened to stave off another round of Yen
> > strengthening. There are examples practically every month, and they are
> > widely reported in the press. At some point the news agencies will
report
> > that the US Govt has been buyng stock to support this market and to try
to
> > stave off the inevitable panic. Think about it, if a government is
quick
> > to support its currency, wouldn't they be just as quick to manipulate
its
> > stock market ? since the economy is tied to equity prices. It is sick
how
> > far this administration has painted itself and the lemming star gazing
paper
> > chasing citizens into a corner.
> >
> > Here we have a country, Japan, in a deep recession after having its
market
> > bubble burst 10 YEARS earlier, and their government pumping HUNDREDS of
> > billions of dollars for years to try to stimulate their economy (to no
> > avail), and the currency traders feel that their currency should
strengthen
> > against the US Dollar. I agree that is most certainly should, given the
> > absolute insane levels of trade deficits this government has allowed to
> > amass, and the staggering levels of debt it in under. At some point,
the
> > market will prove to be bigger than they are.
> >
> > ----- Original Message -----
> > From: wong <whs@xxxxxxxxxxxx>
> > To: <jptaylor@xxxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, April 05, 2000 1:37 AM
> > Subject: Re: [RT] US Govt. Manipulation of Stock Market
> >
> > > Hi James:
> > >
> > > Please explain.
> > >
> > > This is the FIRST time I've heard of something like that. It's very
hard
> > > for me to believe, and I'm NOT convinced that's the case.
> > >
> > > Please "prove" why this is a "proven" fact, with regard to the US
> > government.
> > >
> > >
> > > Thanks in advance!
> > >
> > >
> > > Wong
> > > ==========================================
> > > At 10:13 PM 04/04/2000 -0700, 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 ?
> > >
> > >
>
>
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