Forum Archive Index - May 2000

[Kausa Smith <kausa_smith@yahoo.com>]

A highly experienced trader gave me this tip:

Making money in bear market? Easy! All you need to do
is playing bear, pushing share prices down with the
help of public forums and chatrooms (like putting out
warning posts). Exaggerate the falls in any overseas
sharemarket to the extreme. Wait until everyone starts
panicking (you will know by counting the number of
posts for a particular time period), then some
charties will back you up by pointing out the next
support level. Place buy orders with your brokers with
prices at 3% above the support level (safty margin).
Wait for one week. Dead easy to make 25% gains he
says.

Sounds like what's been happening?

Cheers,
Kausa



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