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


To: $Mogul who wrote (93064)4/5/2000 12:29:00 AM
From: ciVic  Read Replies (1) | Respond to of 108040
 
Talking to some professionl traders today....he said he knew this would happen today as did ALL the MM's....margin selling from Monday calls....and he said the MM's took no mercy and just kept dropping the bids....

they knew there would be selling...and they just let er tank..

ciV



To: $Mogul who wrote (93064)4/5/2000 12:44:00 AM
From: Frederick Langford  Respond to of 108040
 
$Mogul,

I agree with you on your scenario.
First, Byron Wein on Wall Street Week-PermaBear, missed entire run.
Second, Abby sold 5% of her tech stocks, haven't we all!
I sold 5% several hundred times <g>
Next, Mark Mobius, who invests in far away and non liquid markets in places like Iran, Africa, Russia.
A real internet guru, NOT.
Next the Tiger Fund, now here's an example of how smart those boys were, they closed the darned fund 24 hours before the DOW went nuts!

My friends, Speilberg couldn't have done a better job!
BTW, Good old Joe Battapaglia was on MSNBC/CNBC nightly news.

Fred