John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (770)	4/4/2000 2:56:00 PM
From: Chip McVickar	Read Replies (2) of 33421

Makes sense.... Then you buy it back at 3:30....? Only people who made any money today were the large players and program traders. Public lost big time and they'll stay away for weeks or months... Just like the Biotech and the BRE-X "Good Times" in Canada. I've got friends calling me up from their work....looking for advice. People have congregated around those who trade daily on their computers..... Work has just stopped to watch.....terrified their life's savings are melting away. Psychology has changed....... It's all over? Buy IBM and DNP Chip Note: Some want to sell tomorrow and get out whatever they can....these are hard working folks, with Retirement plans that are going to get reconfigured. Very shortly

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