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Author Topic: SHORT SELLING GONE AND MARKETS READY?
jwlipa@earthlink.net
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All of my stocks went up Friday. (13) 3 went on a run. I purchased level II and have been watching it for trends. It looks like when a stock runs, there is a point when the mm's run out of stock and run the price down. Stocks are purchased in large quantities with no price change and then the price starts running again. When there is a lot of running, it looks like only 4 mm's stay in the game. Usuallt nite and schwab are involved. I watched usci, prim and omog run, fall back run, fall back run and fall back with the same pattern. I have been waiting since mid February for my stocks to rise instead of fall. Yesterday was the first day I have had a positive gain (except qbid, which has increased my portfolio during this time.) It looks like the dropping of all stock prices was so that the mm's could accumulate stock at a lower price and now they are ready to start trading on the same level as we are. I wish I had another $10,000 to put on stocks that are down 45% - 55%. We should have a good next 30 days. I mean we should get the 45% to 55% back that we lost.
Posts: 51 | From: hayden, al | Registered: Nov 2003  |  IP: Logged | Report this post to a Moderator
poorman
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Pulled this from another forum on all stocks.

From PURL GIRL I have found her picks and outlook to be very good. JMHO

You are fooling yourself if you believe
shorting by Market Makers will end on
April Fool's Day.
Consistently I read investors spreading
the word and celebrating an end to shorting
by Market Makers. Nothing but April Fools
fooling more April Fools.

Shorting by Market Makers is in no way
effected by this NASD April Fool's joke.
Naked shorting, very little effect and
this activity will continue, unabated.

Do yourself a favor, read all contracts
very carefully before inking your name,
and read all SEC and NASD rules very
carefully before believing their obvious
mule manure.

This amendment to the NASD rule 3370 is
a political ploy, a publicity stunt, a
complete scam to placate the ignorant.

These are links for all these April Fools
running around grinning like fools, claiming
Market Makers are about to be made fools.
Only fools I read are those foolish enough
to not check their facts.

Carefully read and read for comprehension.
Pay extra attention to exemptions and those
references to other rules, which effectively
hide the truth through obfuscation.

"Wall Street" is exempt from this rule.
There are no provisions for enforcement.
Tests of affirminative determination are
an absolute joke. Implied enforcement
is left to the crooks; crooks watching
over other crooks.

Pay attention to "exemptions," "reasonable
assurances," "customers" and references to
other rules which create loopholes to avoid
this supposed rule.

Read for comprehension and quit being
Wall Street's April Fool.

- http://www.nasdr.com/pdf-text/0403ntm.txt

- http://www.nasdr.com/2910/3370_05.asp

There are hundreds of links like those,
informative links which you should be
reading very carefully.

Quit being Wall Street's fools.


Purl Gurl


Footnote:

You should also learn about the Bid Test Rule
which is a rule ignored at all times. This
rule is to prevent shorting and is absolutely
never obeyed. A recent discussion on RNDC
stock well exemplifies Wall Street never
follows any rules. I challenge the reader
to find a single SEC prosecution for a
violation of the Bid Test Rule, anytime
in the last two decades.

Bid Test Rule
- http://rrbdlaw.com/1999/q499/short.html


Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
   

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