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


To: gamesmistress who wrote (18577)1/13/2000 10:31:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
CICI short-covering into panic selling. . . . this is a quite attractive dip, IMO.



To: gamesmistress who wrote (18577)1/13/2000 11:08:00 AM
From: JLS  Respond to of 57584
 
The "Us vs. Them" mentality became very clear to me after listening to CNBC's guest analyst on Monday. I forget who he was but when asked about the volatility he explained it by saying that it was the daytraders who took down the Naz, (as if collectively all their power could equate that of the brokerages!), and specifically cited "our friend Mr. Park" with as much disdain in his voice as he could muster. It was such an ugly comment that the CNBC guy cut him off short. They (the old boys) are obviously feeling the cracks in their system that worked so beautifully for so many years. And they are panicked.
Julie