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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7896)	6/4/1999 12:11:00 AM
From: Rock_nj	Read Replies (2) of 57584

This is starting to get serious. Three people on the NAVR Yahoo thread are claiming that they are so far in the hole on NAVR that they are considering suicide. Their brokers are liquidating their margin accounts. They claim to have lost everything on NAVR. Panic selling might be just around the corner if the market doesn't turn soon. I see a long hot Summer ahead; with rising interest rates, a falling market, and Y2K concerns looming on the horizon. Then, a rally in the early fall. Then, tank city as the end of the year and Y2K uncertainty looms large. Just my humble opinion. I'm glad that I went into a defensive mode a few weeks ago and severly cut back on my trade sizes.

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