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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (15815)11/26/1999 6:44:00 PM
From: xcr600  Respond to of 57584
 
Forced buyins with no warning from many brokers drove this thing to the stratosphere. Will be just as catastrophic for the longs who bought 40+.

IMO, the combination of CNBC's reporting and the holiday is what drove this. Serioudly doubt this could have ever happened on a normal trading day. Looked like a giant bear trap from the start.

Unfortunately for me, I spent most my day screwing around w/this thing and missed many other movers. Oh well...

x



To: Trumptown who wrote (15815)11/26/1999 6:44:00 PM
From: xcr600  Respond to of 57584
 
Forced buyins with no warning from many brokers drove this thing to the atmosphere. Will be just as catastrophic for the longs who bought 40+.

IMO, the combination of CNBC's reporting and the holiday is what drove this. Serioudly doubt this could have ever happened on a normal trading day. Looked like a giant bear trap from the start.

Unfortunately for me, I spent most my day screwing around w/this thing and missed many other movers. Oh well...

x


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