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Strategies & Market Trends : Drillbits & Bottlerockets

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To: AugustWest who wrote (5445)3/15/2001 1:08:31 AM
From: HG  Read Replies (1) of 15481
 
Who is selling ?

More short sellers than real sellers....

Day traders....

Margin sellers....

Dotcom and laid off employees....trying to stay afloat....

People who are hurting bad, and are throwing in their towels....like LU employees, ex employees and shareholders..

People who are realising that the next few years may be tough, so lets sell everything and pay off the mortgage...

I personally know at least a few people from each of the above categories....

The real question is, who is buying ?

I can't think of anyone who would be buying here....? Almost everyone Iknow agrees that we're heading much lower...on compx and indu
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