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


To: nolimitz who wrote (93035)4/4/2000 11:20:00 PM
From: $Mogul  Read Replies (1) | Respond to of 108040
 
HaHa..yeah she will do...can u send her FedEx one day please, I would really apprreciate it my friend:) Thanks. I will treat her very well I promise. :)



To: nolimitz who wrote (93035)4/4/2000 11:26:00 PM
From: westpacific  Respond to of 108040
 
Daytraders had a hugh effect in this past week, no doubt. However there is more at work here that just that. Technology allows information to be shared more easily amoungst the big boys as well. Factor in this and presto, you get what occured here.

Sprinkle in information being so easy to access, accounts for just regular investors able to be accessed with the click of a button, and the fact we have more mom & pops invested and using margin at the greatest high at anytime in the market. This is all part of the equation. New books on trading will be written around this dynamic change, a change that has occured in the past 18 months alone. This is a whole new paradyn.

With that said and everything being a big unknown, this is the new frontier of the daytrader, in and out, not willing to hold onto losing trades w/extremely tight risk management, booking profits and not letting greed rule.

My best guess, $Mogul showed it in the NAS chart, it does not lie, all technicals have broken down, until it gets back to a 2800 to 3200 range be ready for anything here! Many analysts are still calling even the blue chips techs. overvalued!