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To: Joseph Beltran who wrote (125748)9/26/2001 11:24:29 AM
From: Gut Trader  Read Replies (1) | Respond to of 436258
 
Goes with institutions distributing to retail this bounce



To: Joseph Beltran who wrote (125748)9/26/2001 11:27:57 AM
From: Dr. Jeff  Read Replies (1) | Respond to of 436258
 
<<they are probably scared shitless to trade by now. i think
brokerages' trading profits will be affected substantially. >>

Absolutely. Just to name 2 MM's, both NITE & INET warned recently (before WTC). Funny that market makers can't even keep their own stocks up. INET went public in May and saw it's high 2 days later before falling 50%. What a scam.

I also know some people at SCH that have told me hardly anyone is trading because they were tired of getting their asses handed to them on 49 out of 50 trades. But as Chuckie Schwab says, "Just relax and take a deep breath." Yeah right.

BTW - Anyone see CMGI is testing $1 now. Soon to be a penny stock. LMAO! I wonder how that crook Wetherell is feeling these days............



To: Joseph Beltran who wrote (125748)9/26/2001 3:05:04 PM
From: Earlie  Respond to of 436258
 
JB:

I noticed a similar lack of enthusiasm in the IBM trading yesterday. One more reason to challenge common trading (chart-based) assumptions. "The times, they are a'changing".

Best, Earlie