Quote:
Originally Posted by Mr. Billy
It is quite possible that people will make statements hoping to create ripples in the day to day pricing of equities, but I don't really know if they are doing that or not.
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Quote:
Originally Posted by kane
I have often wondered that myself. If an adviser has a lot of clients in positions to make some big gains from a market decline they could go on a few shows and say that they think the news is terrible ad that the market will go down and just that information could be cause enough to make enough people nervous that it actually does go down some.
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This is standard practice. Go on TV saying one thing, while simultaneously sending out newsletters to paid subscribers to act in the opposite direction. Not illegal, and media outlets don't call anyone out for doing it; they even pay the shills for their appearance.
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