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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (26180)4/4/2000 10:01:00 PM
From: Jorj X Mckie  Read Replies (7) | Respond to of 63513
 
ok, pop quiz time....
Getting back to something that Lost1 suggested earlier...how likely is it that everyone that had a margin call sold in the same 1/2 hour??? Not likely.

How many people think that the big boys were short yesterday and gave the market a little nudge by dropping key indices and stocks below support??? go ahead, raise your hands...

Ok, so how many people think that us joe6packs had enough buying power to rally the nasdaq 500 pts off of the lows after just getting smacked around for the past week???

OK, so who was buying in quantity at the lows today?

The conspiracy threorist in me doesn't believe that days like today are accidental...

JXM