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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (31764)	4/14/2000 12:00:00 PM
From: Dave Gore	Read Replies (3) \| Respond to of 52051

MM's have got to be thrilled all over the OTC/BB. They won. They have gotten lots of executions while maintaining wide spreads for maximum profit, covered their shorts, taken advantage of nervous investors and margin calls on the NASDAQ, etc. Lately there has been real selling, even in good stocks. I am just very glad that I became 80% cash three weeks ago. I hope we see a rebound soon. Many have been hurt real bad. Yep, the MM's will be partying tonight. Like I have always said, the short term and inexperienced traders have hurt us all. They don't do good DD and get panicked out of their positions too easily and often leverage themselves way too much. All of us hopefully savvy folks can do is buy the dips of any companies we feel are significantly undervalued and hold for the rebound whether it is 1 week, 1 month, or 1 year away.