Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gfs_1999 who wrote (73365)	3/27/2001 5:04:36 PM
From: Doug	Read Replies (4) \| Respond to of 99985

gfs: It is very important to note that the market is moved not by retail Investors but by Brokerages/Money centred banks and their Mutual funds. I sense that equilibrum has been reached . The Brokerages having reduced their stock portfolios are now in a predicament. By taking the market downfurther by heavy shorting they will only increase their risk as they have to cover on the up side as the supply from Funds is now small. In the absense of large retail Sellers, taking down the NAZ /S&P from these levels serves no useful purpose to big Money if they have to cover the same stock at a later date at a higher price.