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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (29256)4/15/2000 5:11:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56532
 
Ok, I listened to it. Like all of the other experts, he doesn't have a clue what will happen Monday.

I have a hunch, based on what that the head of floor traders for Schwab said on CNBC Friday. Basically, the big boys are not supporting the prices any more. Why should they? Their cash is getting more and more valuable as the slower to react get squeezed out.

I also have a hunch more bad news is coming and those waiting for a rally to get out are out of luck. We'll hit bottom some where, but the days where a punter like me can make 1200% a year on his portfolio are O-V-E-R.

As regards A@P, I saw the CNBC article and the fact seems to be that he approached LOCK to sell him some stock at below market price. A@P claims this was to expose the company as a fraud. NO SALE!!!! and no respect from me...

CD