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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: InvestLady who wrote (91841)4/3/2000 12:48:00 PM
From: westpacific  Respond to of 108040
 
My feeling is all the large players called a short program at the same time, they have the capital to continue on this course. Until they begin to cover this market continues down. If they are all on the same course of action and know that they can get the daytraders and retail investors to panic sell into the downtrend, it only supports their program. Once the market topped, we should have all joined them and would be happy as clams and that much richer. A real lesson to be learned here!

The DOW is 2000 pts. overvalued, this sell off is far from done.