Forum Archive Index - May 2000

["Geoff Ewert" <gewert@wai.quik.co.nz>]

All sorts of irrational behavior and blindly following the wideboys,I think
it,s self fulfilling prophecy
----- Original Message -----
From: "Kausa Smith" <kausa_smith@yahoo.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, May 10, 2000 4:42 PM
Subject: [sharechat] Making money in bear market?


> 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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