Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: KM who wrote (45191)	12/29/1999 1:17:00 AM
From: David W. Taylor	Read Replies (1) of 94695

>> Well, I don't know about "everyone" but with a direct access system, I can do a basket dump and be out of a ton of stock in less than a minute. I do feel sorry for the people using the slower online brokers. >> KM, you aren't thinking. That is the response you get right now with virtually nobody trying to do just that. What do you think will happen when EVERYONE is trying to do just that? It won't matter if you have a direct line to Charles Schwab himself, once this market turns and EVERYONE wants out at once to protect their greedy little stash, the entire mess will seize up tighter than a drum. By the time you get your system rebooted for the fourth time and you have cursed out every living thing in the neighborhood, it will already have fallen 50%. .... and that is just in the first hour. Jeez, get a clue and get out now!

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