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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (24403)	4/20/2000 4:43:00 PM
From: bglad	Read Replies (2) of 57584

If I may interrupt: I was at a Seder last night with a broad mix of bright folks. Almost every one of them was talking about the stock market and the huge losses they'd taken. (Everyone is a trader these days.) Until recently everyone had been pretty cocky, thinking making money in stocks was as simple as buying Texas Instruments on margin. Now they seem to be in shock. I'm not sure what the implications of that are for the markets, but it's probably a step in the direction of washing out some of the excesses. Like you, I expected heavy volatility today. It just didn't happen. Maybe the day traders are scared. I certainly am. bglad

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