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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (3292)1/10/1999 10:54:00 AM
From: Brooks Jackson  Respond to of 122087
 
"PANIC AT THE FIRE EXITS..."

From a Bloomberg News item in today's Washington Post:

Headline: Securities Firms to Meet on NASDAQ Volatility

It says several big trading firms meet Monday -- 5th meeting in 6 weeks -- coordinated by NASD

Ken Pasternak, president of NITE: "There's a (speculative) bubble out there that's 10 times as big as anything I've ever seen. ...Something will come out of this. I hope it's quick enough to prevent a panic at the fire exits."

Hmmmmmm. Could this be taken as a "sell" signal?



To: Caroline who wrote (3292)1/10/1999 11:01:00 AM
From: T-Lo Greens  Respond to of 122087
 
That reminds me...time to short IMAL again. =)