Blatant & Obscene Stock Market Manipulation!

October 31, 1997

Here are some interesting snapshots to show the "RAMPING" of share prices taking place. This has been done consistently since Wednesday, with the worst of it being done on Wednesday morning. This has happened for the last three nights only on the biggest market caps, as they carry the heaviest weighting within the indices. This ramping has been occurring at the opening and at other critical pivot points during the day. Because they pick on the largest market caps, they have the privilege of pushing up the indexes as well creating the delusion of a rising market. Many investors are basing their decisions on the performance of these indices. This is no longer a stable market, it is being manipulated to the maximum. These four shots were taken last night (10/30/97). The depth of these ticks portrays the depth of manipulation. On Wednesday INTC had $6 one-minute ticks. This action is severely abnormal.

What is happening is that as the masses (read public) dump their millions of shares, someone, presumably the "POWERS WHO BE" is propping the market up. The depth of the ticks are showing that the price is being dumped, but someone is buying them back as fast and even faster than they are being dumped. To elevate the price to create the illusion that the share is not falling, but in fact going up. They must buy at a faster rate than they are being sold at. Someone dumps a large parcel and the price falls, then the "RAMPERS" RAMP the price back up. This is occurring for periods of up to 1/2 hour.

If you have a good look at the ask/last/bid quotes for GE, you will notice that the share price is far higher than the ask price. What is happening here is that they are freezing the sellers and going in above their price to lift the price substantially -- making the public think that the share price is now safe and going up. I have noticed this happening quite a bit, when they want to turn the indexes up.

If they weren't doing this the market would be down a lot lower than it is. That they are doing this and luring investors in, and still the market is going down, means that eventually they will fail, as the masses over-come these RAMPERS. They therefore are enticing many people into purchasing shares, that wouldn't be buying if they knew the truth. As this market collapses under its own weight, these buyers will learn to hate these RAMPERS who have manipulated them into buying this markets.

Watch the top market caps tonight (10/31/97) - INTC, GE, DELL, MSFT, IBM plus others. See how many you can find yourself. Also watch the PREM. It will show the extent of the ramping. On Wednesday the PREM shot up towards 30 when it normally sites around 6 to 8.

Tonight is a hyper-critical point in the life of the DOW, SPX etc. They will have to fight as hard as they can. They will put the greatest effort in tonight to turn the indexes up. If they lose control tonight this market will crash forthwith.

 

These actions are letting smart money out and drawing in the Moms and Dads who know no better. These markets are supposed to be free markets and traded fairly. If it has to go down because of its excesses then so be it. But to entice naïve investors in at this point in time is like putting a rope around their necks.

Are you one of these optimistic buyers?

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.