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Strategies & Market Trends : Technical analysis for shorts & longs

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Jan 9 4:00 PM EST

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To: Clint E. who wrote (18686)	12/4/1998 9:35:00 PM
From: xcr600	Read Replies (1) of 69640

<< I am really tired of all the nonsense in the stock market. I don't know about you but this volatility and people's stupidity is getting to me. There are a lot of airheads out there. >> Clint, I'm not sure how many years you've been in the market, but do you think we could have entered in to a new era w/the advent of online trading? With so many people now sitting at home trading, do you think that they can drive the market in ways that wouldn't have occurred 10 years ago? (I'm too young to know.) I realize alot of people may be trading 100 to 1000 lots, but if you add that in w/the thousands (millions??) of at home traders, it can amount to quite a bit. Enough to move a stock or the market? I've encountered numerous people at work, who even with October's decline, always felt the market would come back. Why worry? Stocks ALWAYS rebound, they'd say. I may be an inexperienced trader, but I know better than that! The mentality of buy the dip in among the general public seems to be everywhere. Have a good weekend. p.s. Too warm in Minnesota as well! No snow :(

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