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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?


To: faqsnlojiks who wrote (7290)3/29/2000 10:18:00 PM
From: Blue Snowshoe  Read Replies (2) | Respond to of 7442
 
Joe, Yes it has been a very few interesting days. We have a major shake out going on and it is some of the best market manipulation I have seen in some time.
Did you see my Dear Abby letter? I have to remember not to post the truth when I've posted the stocks I just bought. ABGX got taken out and shot today.
I have sold nothing as I think a game is being played that we have seen before. THE GAME: The big's poor DD makes them miss hot stocks that the little guys have found, the bigs see the run up and want in, talking head gurus dump the stocks and CNBC helps them, bigs buy when the little guys sell. SOSDD.
I think it is sad when we see a shake out as with so many new people in the market, they may not know the game and sell.
You only lose money when you sell and internets correct 20-60 percent several times a year. What worries me is that MMs may cause a real mess and dump ours and world markets. It would serve them right if it did happen.
It looks like the plan is to shake people out of Biotechs, Internets and Techs by telling the to go to old tech, your Grandfather's stock, etc. and then they buy cheap the internets and Biotechs they know are sector leaders.
People are used to techs and will be back once the gurus shut up and CNBC reports news and doesn't try to make it.
Biotechs are way oversold and so are many internets and techs but who knows when the MMs will stop.
When you see Joe B. on CNBC that means CNBC thinks the markets should head north. Control the media control the world.
909S and HOLD ON TO THE BAR, BLUE