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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (5450)3/14/2001 10:08:54 PM
From: AugustWest  Read Replies (1) | Respond to of 15481
 
Good point. could very well be.

But I have a hard timne believing they account for 80%. Course this is just my opinion. I have no basis for it but my thoughts and observations. Wish I could have the answer to that<G>

On a sort of unrelated issue, I did hear some fund manager on cnbs today blame the fall on the short sellers. He actually said this. Something to the effect that they have been driving down the prices which in turn forces people out of their fund and they have to liquidate positions when particular stocks hit certain prices.

Sounded far fetched to me. But hell, maybe every day trader is just shorting the market.