SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Constant Reader who wrote (27533)11/2/1997 5:42:00 PM
From: Tom Trader  Read Replies (1) of 58727
 
Hi Randy--how are you--and how is the market treating you??

As a value investor, is there anything that you like??

In talking to my Schwab500 trading team over the past week, the impression that I got from them was that they saw a lot of panic selling and buying. I was told that on Monday, during the sell-off people were dumping stocks at any price that they could get and then on Tuesday, the very same people were buying stocks at higher prices -- the very stocks that they had sold the day before. Also lots of margin calls.

Also heard the anecdotal stuff about borrowing on credit cards to buy stocks and all that. Obviously just a limited bit of feed-back -- but the Schwab500 clients are supposed to be the sophisticated investors!!
Interesting!!

Regards
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext