The dash to trash is a dead give away.
Blanket Bids Are In
Started by
James Quillian
, Aug 30 2007 09:55 AM
7 replies to this topic
#1
James Quillian
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#2
ogm
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Posted 30 August 2007 - 10:06 AM
The dash to trash is a dead give away.
Let me get this straight..
Market Down = The Dire Apocalyptic Reality taking hold.
Market Up = PPT, Manipulation, and so on.
#3
James Quillian
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Posted 30 August 2007 - 10:19 AM
The dash to trash is a dead give away.
Let me get this straight..
Market Down = The Dire Apocalyptic Reality taking hold.
Market Up = PPT, Manipulation, and so on.
Almost
Treasury department sponsorship is not the same as PPT. The PPT is there for the purpose of being seen doing nothing.
Dire Apocalyptic is a stretch. Reality is not taking hold.
But, yes, this afternoon's rally will have sponsorship.
There is low volume, blanket bids are in place. Now, shorts must cover and they probably will.
I don't see any supply today. High volume = supply.
#4
denleo
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Posted 30 August 2007 - 10:50 AM
James, according to what you wrote over the last several years, everybody is selling and PPT is buying. Have you ever thought that someone other than PPT has ever bought the market?
Denleo
#5
James Quillian
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Posted 30 August 2007 - 11:03 AM
James, according to what you wrote over the last several years, everybody is selling and PPT is buying. Have you ever thought that someone other than PPT has ever bought the market?
Denleo
The PPT is a stalking horse. When did I ever say the PPT did anything?
If someone else had not bought the market mutual fund cash wouldn't be at 4
% or whatever low number it is at.
I don't see much stock being offered here. The only demand is see is the huge short interest.
Its been that way since spring of 06.
What do you think?
James
#6
denleo
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Posted 30 August 2007 - 11:17 AM
Short interest is a function of increasing number of market neutral hedge funds. I don't use it as a contrarian indicator. They don't cover shorts when the market goes up. They are neutral.
Denleo
#7
redfoliage2
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Posted 30 August 2007 - 11:59 AM
Planned buying event this afternoon?
#8
James Quillian
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Posted 30 August 2007 - 12:30 PM
Planned buying event this afternoon?
I was thinking more like a planned short squeeze. But, I am starting to have some doubts.
The bids are there holding the market up. Maybe short sellers are getting more resilient.
