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Zeev Hed

09/18/04 7:21 PM

#297659 RE: goldsmith #297649

This a political question, not belonging to this thread.
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Joe Stocks

09/18/04 10:20 PM

#297674 RE: goldsmith #297649

>>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.