SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KevinThompson who wrote (12140)9/13/1999 11:31:00 AM
From: Rande Is  Read Replies (2) of 57584
 
I think what you might be seeing is MMs are no longer "allowing" those steady upticks to go unchecked. I would say they are shorting these heights and putting a cap on many recently run IPO's. . .very generally speaking, of course.

I agree that there are plenty of bargains in the quality sector. . .but the question then arises. . .where is the volume? We should have had some serious volume hitting the bluechips by now after summer. . . certainly there isn't a REAL fear of Y2K. . . could it be China? Or is it just complacency. . .not knowing what to do . .sitting on hands?

No decisive betting going on with big volume. That has me a bit concerned in the overall picture. . . .near-term it still presents some speculative opportunity for the right issues. . .if not IPOs, then Bio-techs or whatever. . .but the speculative fever is definitely not quelled yet. . . . we may need to re-sensitize ourselves to the mood and buzz of the speculators/daytraders. After all, they are the ones paying us all that dough from our position trades.

Once more, it is not the REAL market we are playing. . .but a speculative mania bubble, within a high-tech mania bubble.

Rande Is
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext