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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: bobby is sleepless in seattle who wrote (1036)1/4/2001 12:04:46 AM
From: nokomis  Read Replies (1) | Respond to of 5732
 
Integrity in the market? I wish. No, the FOMC has employees..the employees take mental notes and the news spreads. Straight to the top of each and every brokerage house. Greed permeates...that's a given.

Is the market fair? No, never has been and never will be..I can attest to that with my mountains of losses and hard knocks just like most people. But to announce mid-day is a crime..to 9-5ers, to shorts, to those who sold in the panic yesterday (especially newbies who were shaken out), to everyone! The market and the so-called level playing field just took a nasty turn. Sure, I'm elated with the results from a personal viewpoint because I've been long and buying feverishly for the past three sessions and making exceptional change on the cheaper stocks not subject to volatility (but also accumulating a few leaders as well) ...but when I heard Bush's Q&A today on CNBC I was SO embarrased for him...he was in a tailspin in his thoughts, just like the market and I pitied him.

Guess it's empathy, ...some wins are bittersweet, that's all.