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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (22736)4/14/2000 12:17:00 PM
From: Boa Babe  Read Replies (2) | Respond to of 54805
 
Thread

OK, we have to take charge of this mess. If Tom says Monday can be bloody and he doesn't have a crystal ball, then I'm going to suggest this grand experience can change on a moment's notice and the market can go back up so fast that we'll all get bloody noses. Nothing has changed with the fundamentals of our Gs and Ks or the economy. This is the big guys manipulating and the little guys selling for margin or panic. I'm going to do a feng shui trick and put down the lids on my toilets and I suggest y'all do the same. Doesn't cost anything and who can say for sure that it's nonsense. It makes as much sense as watching little lines on charts. I'm outta here for some party planning!



To: MulhollandDrive who wrote (22736)4/14/2000 12:19:00 PM
From: Curbstone  Read Replies (3) | Respond to of 54805
 
Who are the major beneficiaries of all this?

Shorts? Yes, but are there really that many shorts out there?

Brokerages? Perhaps an increase in commissions, but their holdings are getting taken down along with everyone else right?

Banks? Are people selling and going to cash which winds up in the bank?

Where is all this money going?

I believe in the efficiency of the market, and have even bought into the idea that an occaisional correction is healthy, but how is this healthy, or efficient, and who does it benefit?

AM