American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 1.720

+3.6%

Dec 31 3:59 PM EST

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To: Alan Cole who wrote (1911)	3/4/1998 8:10:00 PM
From: Nero	Read Replies (1) of 2841

No, it's all hunch and gut feeling. It wouldn't be the first time I panicked unnecessarily. I just feel the market is stretched thin and ready to be blindsided. The techs are the foundation of this market -- more psychologically important than the financial sector that was most at risk in Asia. I see it snowballing as fear overcomes greed and traders cash out of what profits remain in the techs, sending shockwaves of margin calls throughout the market. It's ridiculous going on with this scenario. I don't mean to scare anyone. I'm not selling into it. I'd be more worried if I held any techs. I'm probably wrong anyway -- just voicing my own paranoia.

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