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Re: goldsmith post# 67040

Sunday, 09/19/2004 12:35:53 PM

Sunday, September 19, 2004 12:35:53 PM

Post# of 495952
The ramp was suggested from internal parameters of the market, as suggested early in August (#msg-3751323 and #msg-3779266, where I got "fully loaded", including a target of 1930/50 by about now, #msg-3888421). I think that the "house" are smarter than that and they realize that anything the market does between now and election (short of a spectacular new yearly high, which I do not expect) will have no impact on the elections. They ill continue their normal game of selling high and buying low, creating mini panics to accumulate and exuberance peaks into which they sell. No nefarious political motives there, IMTO, just your normal fleecing of the sheep.

AZH

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