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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (49164)3/15/2001 11:49:00 AM
From: alruss  Respond to of 57584
 
Those poor insiders who dropped from $50 mil to $5 mil were restricted from selling, but had no restrictions on "buying" some derivative for protection. The big houses will build any derivative you want, for a bit more than the cost of money. I seriously doubt many were hurt as badly as the Amateur imagines.



To: Rande Is who wrote (49164)3/15/2001 12:51:05 PM
From: Tradelite  Read Replies (1) | Respond to of 57584
 
<<What the Wall Street Insiders did to the American Public during 1999 and 2000 will go down in history as the "biggest con ever" perpetrated.>>

I just don't see this so-called "con-job" the same way....locally, the institutional financial types who choose to make their serious predictions public were saying the truth long before other people started sputtering about it. Also, the nationally known Bob Brinker was predicting this debacle well in advance of the pain that was eventually felt by not-in-the-know investors.

Channels of communication are pretty good these days...one has to listen and heed the warnings to benefit, however.