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


To: westpacific who wrote (92836)4/4/2000 5:23:00 PM
From: SouthFloridaGuy  Read Replies (6) | Respond to of 108040
 
Phew, this is it...expecting Nasdaq 6,000 by year end. LOL, AND MONKIES FLY OUT OF MY ASS.

Watch the margin calls when SUNW, ORCL, and the more widely held stocks close down heavy...People were spared margin calls today because most of the large cap tech stocks closed unchanged or up...margin calls are generally calculated using end of day marking...

However, this is the last chance to get out for many. Expecting many stocks that haven't been hit yet to be trading way lower in the coming months.

Stocks which have been hit already will also continue to fall...

I know how this is going to work. Every bottom that shows a rally will be proclaimed as the "buying opportunity."

ROFLMAO!



To: westpacific who wrote (92836)4/4/2000 5:49:00 PM
From: KevinMark  Read Replies (2) | Respond to of 108040
 
In addition West...when I began buying at around 1:20 pm...I noticed I couldn't get filled. And this was before all the volume started pouring in. That told me one thing...these MM's are going to make it real hard for shorts to get out...so I went 3 points above the ask and hit ISLAND and then tried to average up before the market reached my initial buy price....I never could get filled...so I just rode my initial position out. It only took 2 min for the MM's to blow by my initial price once shorts (mm's forcing) began to cover.

Also...I noticed INCA squashing the asks for the past 2 weeks when the market tried to rally. I have never in my trading career seen that happen before. When you flash 10,000 shares on the ask of $100 stock....that will always induce selling. It makes me laugh...there not fooling anybody.

KM