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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (11706)12/25/1998 8:46:00 PM
From: LTK007  Read Replies (2) of 29382
 
With 2nd/3rd tier internet stocks I do not believe the Big Boys have any control of them---I think what you saw during Thankgiving was just
the classic dynamic of a blow-off as it is called--the Big Boys rule
the upper realm of internet stocks----and from what I gather from some
talk on CNBC--the BigBoys have been actually shaken up over the ability of millions of traders online to run these stocks up and down
and having their games on higher levels being stolen--no I think the individual decide whether these stocks run or don't run---as more and more traders
coordinate their actions---BTW,Wallstreet is so upset,they are thinking of ways to stop the trader phenomenon---as they say,so much
trading for money as opposed to gracious investment will destabilize the market place---talk about hyprocrisy.Max
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