Thank Goodness for the PPT

Quote from freealways:

>>This is a multi trillion dollar business and you think that it's free of manipulation? <<

Now please tell me who would be dumping their own house in order to get the prices down ?

The only party who could possibly see merit in a housing downturn would be the government.

That would surely hardly be their desire in the present economic climate.

Every other BIG interest wants the building and selling to go on and on and on.

Jack
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Jack, i was referring to the propping up of the stock market.
 
Quote from hardrock375:



How high do you want to go? All I have to do is pick up my red telephone. We will pull all the Bids and jump on the Ask side. Just give me the word.
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one could make a living only trading the release of Consumer confidence (short) and ISm (long):cool:
 
Quote from Ditch:



one could make a living only trading the release of Consumer confidence (short) and ISm (long):cool:
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I do this almost exclusively of late; CC=Short RLX; ISM=Long CYC...works almost always! Gotta be creative.

Good trading in 2003!
 
Jack, i was referring to the propping up of the stock market.

Propping up the market? Have you looked at a daily chart for the last 3 years?
 
Quote from Jeffo:

Jack, i was referring to the propping up of the stock market.

Propping up the market? Have you looked at a daily chart for the last 3 years?
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Where do you think that rally after 9/11 came from?
 
Quote from Jeffo:

Jack, i was referring to the propping up of the stock market.

Propping up the market? Have you looked at a daily chart for the last 3 years?
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Without the PPT the DOW would be at 5000, the SP at 475 or so, and the Nazz at about 850, the PPT is supporting the markets to avoid a complete meltdown in Consumer Confidence (See Tues), and they are trying to bide time for the "fundamentals" to kick in...biz spending, better EPS, etc, the consumer is wiped, the SP should have broke 865ish on Tues...but PPT can't let that happen...now miraculously we are 30 points higher....are you that clueless? Use the PPT to your advantage! I know I do.

Check out the aftermath of the 1920s crash, DOW gave back 90% of its prior gains, but no PPT back then, SP has only given back 50% of its gains , from the biggest bubble ever!

Why do you think that's the case? Ponder that.
 
Quote from TheCaracal:



Without the PPT the DOW would be at 5000, the SP at 475 or so, and the Nazz at about 850, the PPT is supporting the markets to avoid a complete meltdown in Consumer Confidence (See Tues), and they are trying to bide time for the "fundamentals" to kick in...biz spending, better EPS, etc, the consumer is wiped, the SP should have broke 865ish on Tues...but PPT can't let that happen...now miraculously we are 30 points higher....are you that clueless? Use the PPT to your advantage! I know I do.

Check out the aftermath of the 1920s crash, DOW gave back 90% of its prior gains, but no PPT back then, SP has only given back 50% of its gains , from the biggest bubble ever!

Why do you think that's the case? Ponder that.
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You 're absolutely right, i don't care if those statistics are screwed , llearned the hard way not to bother, just follow the move, today's rally was a textbook move, 4 waves of 6 to 8 pts, the money is just sitting there for the taking:)
 
Where do you think that rally after 9/11 came from?

People buying stocks. If the "PPT" did their job they wouldn't have gone down so far the week after 9/11.
 
Without the PPT the DOW would be at 5000, the SP at 475 or so, and the Nazz at about 850

If you can know things like that you must be very very rich.
 
Quote from Jeffo:
If you can know things like that you must be very very rich. [/B]
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He is.

So rich in fact, that he can afford to spend his whole day posting on ET.
 
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