InvestorsHub Logo
Followers 63
Posts 14414
Boards Moderated 0
Alias Born 07/19/2003

Re: TRCPA post# 9086

Wednesday, 06/01/2005 8:28:12 PM

Wednesday, June 01, 2005 8:28:12 PM

Post# of 53980
Grand conspiracy
Of course, you can't talk about market manipulation without at least bringing up a fear harbored by a (hopefully) small minority of investors -- that the entire game is rigged. Conspiracy theories abound, and everyone from the Federal Reserve to the Masons to the International Brotherhood of Electrical Workers (just kidding) has been implicated as the "they" that are secretly pulling the strings behind the scenes.

The big run-up in tech stocks in the '90s? It was "they." The nasty crash that wiped out so much money among individual investors? "They" again. Sometimes the conspiracies are even a bit more elaborate -- such as the one I found online that suggests that "they" took their winnings from the late '90s tech run and used it to buy all sorts of mines, refineries, wells, and whatnot before instigating the recent commodity run.

"Balderdash" is the only word I can think of to describe these "theories" -- or at least it's the only word that my editors will let me use. If you really believe that nonsense, you need to do two things right away. First, sell all of your stocks (why play a rigged game?). Second, install heavy-duty padding on your walls and floors because you could really hurt yourself.

Rest of the article on manipulation:

http://biz.yahoo.com/fool/050601/111764098701.html



Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.