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George Angell explains this Phenomena best when he said "They take it up to
take it down, they take it down to take it up". There are a handful of very
wealthy people pushing the markets around. Any S&P trader who has traded a
few years sees these manipulations day in and day out. It was very smart to
wait for Margin debt to explode to the upside before taking any action.
----- Original Message -----
From: <felixty@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 05, 2000 12:26 AM
Subject: [RT] Re: US Govt. Manipulation of Stock Market
> Well......during the October 1987 "exercise".....all they had to do is
tell the
> banks to give "unlimited" lines to brokers or market makers.....it was so
> easy....that was the turning point since......those were the last days
(in the
> history of mankind) of markets moving based on natural forces.......
>
> then...intraday manipulation is also easy.....just "nudge" the market just
at the
> "right" pivot spot(they can afford to hire the best technicians) and
maintain
> that spot hard as a rock....the market ship has no choice but to turn back
up..
> and then back to the races upward including the help of the shorts geeting
> squeezed and covering..just compute optimum amount of money at the optimum
time
> intraday to do it..not really complicated any good insiders can do
this...seen it
> everryday,just the right stocks for the index...a bit more complicated but
not
> impossible....
>
> its a case of wallstreet major houses ,money center banks, mutual fund
owners and
> critical listed company insiders together with the Fed..they all
> understood..either they stick together or hang together.....
>
> there and then why some technicians got surprise if they dont get
this.....no
> matter how good they are at their work....these things hve to be taken
into
> account in their daily analysis and trading....
>
> ok..will crawl back to my rock.....
>
>
> wong wrote:
>
> > 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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