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To: Gary Wisdom who wrote (33152)10/23/1997 8:13:00 PM
From: Gottfried  Respond to of 58324
 
Gary, I come in peace. <G> You said >>at the first sign of weakness, they help push the price down by selling in panic
at the bid.
<<

It is hard to know why people sell at a specific time. Some may
have had carefully calculated stops, others may indeed have
panicked. The only sure thing is they sold, I didn't. But I'm
not privy to their thought processes. Wish I were.

GM



To: Gary Wisdom who wrote (33152)10/23/1997 8:31:00 PM
From: vegetarian  Read Replies (1) | Respond to of 58324
 
>>"out of the hands of idiots"

Sorry if I caused any offense or confusion with this statement. I, too, am a small investor. ...<<

May I suggest a politically correct way to refer to such beings as:
IIs, which can mean "Individual investors" and does not exclude "Individual Idiots" or "Investing idiots" or "Illeterate investors" or "Ill-informed idiots" or "Ignorant individuals" or "Ill-timing investors" or "Ill-liquid (is there such a word)?/innocent.."..... I hope you get the idea ;-)



To: Gary Wisdom who wrote (33152)10/23/1997 9:44:00 PM
From: Francis Muir  Read Replies (2) | Respond to of 58324
 
<< Who I specifically meant were those that buy (and sell) a stock without doing
the requisite research first. Then, at the first sign of weakness, they help
push the price down by selling in panic at the bid. >>

As I understand it, what you're really saying is that you get really pissed off when stocks you own go down.

FIDO