""How many people think that the big boys were short yesterday and gave the market a little nudge by dropping key indices and stocks below support??? go ahead, raise your hands."'
Yes Jori,
I raise my hand with a middle finger raised prominently, pointed east by northeast... in behalf of all the players that were knocked out today..
I actually made money today by buying the "Big Chill".. Created perfectly, by walking the bids down, with 100 share lots. Knowing they would hit stops,, aka.. as margin calls.
Market making and brokers should be seperated before they break up Softie IMO... They "the MMs, aka as "big houses" know they they can knock out stock on margin at bargain basement prices on days like this.
So my friends, IMO, never go on margin, and you can live to play again another day AND also ride the coat tails of the insiders,,
Just remember, the Saloon keeper is not going to kick over the table in the back room when the wheel is set so perfectly, And there are ALL those players still outside lined up with money in their jeans..
Just don't get carried away..
good luck ...c |
