Rande Is . . . HOME Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wendisman who wrote (23292)	4/4/2000 12:34:00 PM
From: Rande Is	Read Replies (4) of 57584

No bounce. . .no buyers. . . Why? We individual investors just won't shake. There is simply not enough panic out there. A few stories here and there. . .but for the most part, investors are remaining quite cool. This is a big game of chicken. Large hedge funds and brokerages are shorting the markets until they see blood from the retail investors [you and I]. But we are not selling the panic, and are more interested in buying it. [When you think about it, that must really anger them] So we are in a standoff. . . we aren't going to panic. . .and insist on buying. . . and the Fat Cats are not going to cover and start to buy until they see us selling. So how low can we go before the less experienced traders cry "uncle"? 3800? How about 3600? Will you sell at 3350? I am more disturbed by the lack of bounce off 3900 than I am that we lost 4000. What are the odds that the Nas could keep dropping straight through earnings season? We just hit 3885. . . here comes 3800. . . All in a single day? Can you believe it? Rande Is

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next