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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (19527)1/27/2000 11:43:00 AM
From: Rande Is  Read Replies (1) of 57584
 
Just started back in JDSU. . .will avg down. . GLW has been incredible since yesterday. . .added this AM. . .ENGA, etc. . . fund managers are buying with conviction for a change . . . I still say we will see a terrible low today on the over margined high fliers. . .then a V-bottom and advances beginning next week. . .

On our discussion. . . I never hear about brokerage houses getting wiped out. . . but there sure are enough individual investors that lose everything. . . I just don't like it. . .and am tired of sitting on my hands and keeping my mouth shut. The SEC is slow to respond and tend to make cosmetic changes only. . .

I DON'T like things the way they are. I believe in Ralph Nadar. Look at how the individual smokers have brought the tobacco industry to its knees. Now of course the markets are far different. . . but without the hope of a more level market, the little school teacher from Boise doesn't have a chance at making money in the market. . .

I want to see disclosures. . .on each trade, whether they are a buy, sell, short or cover. . .listed on T&S. . . .and I want full media disclosures by anal-ysts and every interested party. . .on every appearance and on each article published anywhere.

I realize there are no guarantees that the markets will stay the same or continue higher. . . but I still believe that whatever trading there is will be mostly via banks and ECNs in the next 4 years. . . and that globally. .a higher percentage of people will become investors than at any time in world history.

Brokerage houses will survive. . .but I resolve to dance on the grave of the first to go belly up.

Rande Is
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