<Today's sell off at the end of the day is being blamed on the daytraders by WSJ. LOL > That is pretty funny,especially after looking at the intra-day charts for the big 3,,,3:00pm was "D hour" for the institutions(after propping them up all day),IMO DD
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PS: warm here again today,not good for the ski area,they're reporting the lack of snow is due to day-traders ;^) Personally I think it is Bank of Boston that is responsible for snow conditions<g>,Les Otten(CEO of SKI) is leveraged to the hilt,after using some of his class "A" shares as colateral to purchase common shares, which resulted in majority vote on the board.It would be something is his margin is called and he lost control..ah,sweet credit<vbg> (I figure,since the IPO,he has personally lost around $150mm-ouch,I keep waiting for his call,wanting to crash on my couch<vvbg>)no mercy.. |
