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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (2908)7/11/1998 1:09:00 PM
From: HairBall  Read Replies (1) | Respond to of 5676
 
Bobby, you may be right, intra day. I do believe the hypesters will get this stock's run-up out there and the groupies will come-a-runnen!

Market FA norms are out the window. Specialists know a new era has been born via the net. New "not so savvy" stock investors buy and sell over the net. They communicate in forums like SI and Yahoo BB's. The new generation of investors (groupies) is more like sports fans than investors.

Soooooo many do not have a clue. The market is now riper for manipulation than ever before. The specialist will continue to draw the "groupies" into stocks and then take their money. (Hell, specialist have always done it, just not so blatant!)

As always, buy and hold to long or last one in, gets to pay the freight. I am learning FA means less than before. TA now rules more than ever. Price action and volume are you key clues!

But scratching my head is more common than not, now days! <gg>

BWDIK
Regards,
LG

EDIT: Of course, the specialist knowledge of options plays and short selling are also a big factor!