Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dalereed
Another"Conspiracy Theory"?Did You Ever Hear Of "Bargain-Hunters"??
5 posted on 07/16/2002 8:46:46 AM PDT by bandleader
[ Post Reply | Private Reply | To 1 | View Replies ]


To: bandleader
Another"Conspiracy Theory"?

Hardly a conspiracy theory. The "Working Group" was formed after the 1987 crash. Manipulation of index options and the futures market is observable.

Here is a Washington Post article from February 23, 1997 titled the Plunge Protection Team.

Labeling stock market manipulation as a "conspiracy theory" is lazy.

14 posted on 07/16/2002 8:54:11 AM PDT by Pete
[ Post Reply | Private Reply | To 5 | View Replies ]

To: bandleader
Presumably these "bargain hunters" independently decided that every stock on the board had fallen to its optimal "bargain price" at the same instant, so they all started to buy every stock on the board in the same five-minute period.

"Program trading" is prohibited when the major indices rise or fall a certain amount. That level is roughly 1%, so the markets were well past it at the time of the mass epiphany. The buying was done "by hand".

22 posted on 07/16/2002 9:04:56 AM PDT by jiggyboy
[ Post Reply | Private Reply | To 5 | View Replies ]

To: All
"Playing" the market is nothing new. The impression from the Dems is that all you little guys should take your money and run 'cause we're going to dig up so much dirt on the "opposing" party, you just won't believe it.

Like no big Dems have any interest in the market or sit as CEOs or on Boards of major companies or receive any money from these companies. The bottom line is you have trouble raising money among the majors but you DO get money from all these companies and you'd take all you could get.

So you set the stage for the "herd" to vote for you, the poor and ignorant who have nothing to lose and are continuously fed a diet of "bad Republicans".

But beware...Middle America has realized the mistake of putting their eggs all in one basket. Many of them will now "learn" to diversify....something they have known all along. Many of them may even read the company reports or do a little research.

Some local Xerox employees have been saying for years that the company was slowly diminishing. Did they roll over their money? Nope! Are they crying? Yes!

They didn't even listen to themselves. Geez

Sac

27 posted on 07/16/2002 9:15:46 AM PDT by Sacajaweau
[ Post Reply | Private Reply | To 5 | View Replies ]

To: bandleader
"Another"Conspiracy Theory"?Did You Ever Hear Of "Bargain-Hunters"??"

How much did you buy?
38 posted on 07/16/2002 10:21:37 AM PDT by It'salmosttolate
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson