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Post# of 704044
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Joe Stocks

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Joe Stocks

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Re: goldsmith post# 297649

Saturday, 09/18/2004 10:20:28 PM

Saturday, September 18, 2004 10:20:28 PM

Post# of 704044
>>Do you think this is an artificial ramp in the market to get Bush relected?<<

Zeev, I don't see this as a political question.

GS, I think it is something to ponder. In my opinion, I think the top seven NYSE member banks in program trading, that control probably close to 45% of all trades in S&P stocks, could either give us easily a few good or bad weeks prior to the election.

Today's levels of program trading are very scary IMO.

Joe

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