Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: BenYeung who wrote (10)	11/13/1997 12:56:00 AM
From: ccryder	Read Replies (1) of 492

The small investors aren't selling to buy bonds. Most wouldn't bother for 6 percent and take the risk of Greenspan raising rates thus dropping their principal. Look at KLAC. Dropping like a rock on high volume. It WAS high when it was approaching 70 but now it is rediculous. Margin on one of my accounts is close so I have to watch it. The rest are OK so I can hang on. They won't get my stocks. The problem I think I see with a Jan high is that it won't be broad. The reporters think it will take 6 months to sort out the currency crap so that might keep a lot of people on the sidelines, especially in the high tech.

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