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Old December 30, 2000, 11:21 PM
John David Bradshaw
 
Posts: n/a
Default Re: What's the Hole story on Halbert's system?

> What is Halbert's system? Anyone know? It's
> something like daytrade companies that just
> got good news, or something like that.

> -Boyd

Boyd,

I'm sure you know more about stocks than I do...so let me ask you a question:

What would happen if you had a large group of "friends" that you encouraged to buy a certain stock based on a "special" tip you received?

They all buy within a 24-48 hour time frame.

Would that cause the stock price to go up?

If it does go up substantially, could you not then tell your "friends" to sell immediately and take their profits?

Does this make any sense?

How many "friends" would it take to influence a stock price in this manner?

Would someone like Halbert have that many "friends" with money to put in the stock market?

Boyd, could you do something like that?

Would it be legal?

About all I know about stocks is buy low, sell high. And make sure you can afford to lose it all before you buy anything...

JDB