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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: johnsto1 who wrote (344)5/25/2000 11:53:00 PM
From: jjetstream  Read Replies (1) | Respond to of 24256
 
Greenspans fiscal tightening policy has hamstrung many investors/traders....trying to squeeze every last bit of retail liquidity out of the market.....sad to see...



To: johnsto1 who wrote (344)5/26/2000 7:41:00 AM
From: Wes Stevens  Read Replies (1) | Respond to of 24256
 
I went to my dentist yesterday and got to talking about stocks. He is down 75% on the year. Got caught on margin when the market dumped last month. He is still on margin and has been getting almost daily calls for the last week. He asked me to look at his stocks. Lots of high tech high fliers that crashed and burned. He asked for advise and I told him to get off margin. His comment was " and sell half my stocks at these prices!". I told him the market could still go lower and he got white. The guy was truely scared, but not scared enough to get off margin.