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mlsoft

04/10/03 11:00 PM

#96522 RE: Train Guy #96494

Train Guy

"There is mysterious goings on in the markets. I might email Camp and see what his opinion is. But with the computers doing most days 1/3 of the trading, and somedays up to 1/2 you can't rule out they are a good bit of what is being called PPT activity. If the computers do 1/2 the trading, they are just trading between themselves?"

Why do you not think the Fed/PPT would not be using customized computer program trading just like everybody else? - no muss, no fuss, and no paper trail. I would strongly suspect they would use several different versions, but mostly it would be to buy a mix of futures (possibly index for turning a market and individual stocks for support buying), perhaps some ETF's, and a relatively short list of selected stocks such as INTC, MSFT, CSCO, GM and GE.

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"I thought we might have sold off a little into the close today with the TICK hitting the LOD at 3:11, but it looked like MSFT, INTC, IBM, CSCO and GE to name a few were used to keep us green."

Bingo. Have you not noticed that this has become a common experience?

mlsoft