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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (11655)2/23/2001 6:37:31 PM
From: Crimson Ghost  Read Replies (2) of 30051
 
No question the odds of a Black Monday are low, but they are not totally negligible. And public is MUCH more heavily involved in the market now than in 1987. Plus the derivative market with its potential for truly staggering losses was virtually nonexistent then.

Bought a little more QQQ today. Still have a modest loss on the position, but doubt that will last long.
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