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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (16275)	8/21/2001 10:49:11 PM
From: John Madarasz	Respond to of 52237

Jack, I'm not blaming any one specific entity entirely, and you'll notice that I mention really society at large for the problems at hand. Regardless, I believe the guise of "Fiduciary Responsibilty" promoted by the mutual fund industry is a largely abused premise in this society, where people are encouraged to invest in the stock market as they are. No-one is to blame but the society, and the members therein, who remain uneducated about the realities of the system, for whatever reason.

To: Captain Jack who wrote (16275)	8/21/2001 11:31:03 PM
From: Teresa Lo	Respond to of 52237

Plus the folly of relying on faith rather than on stop loss orders to protect capital. Of course, on the way up, the perceived risk was solely in not being there for the upside. This kind of selling always used to happen in the penny dogs that I traded in the Old Days. The problem is when it moves in a parabolic fashion to the upside, all the shorts are killed on the way up before making a spike top that takes place over a short period. It breaks, everyone is long; hence on the way down, there are no bids. T.