MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 675.37

-1.2%

4:00 PM EST

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To: Crimson Ghost who wrote (64928)	12/22/2000 7:45:19 PM
From: 45bday	Read Replies (1) of 99985

Curious as to who was doing all the selling while the naz plumeted 2700 pts. I agree those who are still holding will not sell unless absolutely forced to by a margin call as they already neglected to follow rule one _ always use stops. Now they will sit and pray and unfortunately are too afraid to buy at these levels when they should be buying. So they will ride the wcoms of the world up and down for the next few years waiting in vain for a return to $50 while the traders make a lot of money.

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