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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Kailash who wrote (17148)1/21/1999 5:46:00 PM
From: Kip518  Read Replies (1) | Respond to of 18691
 
Internutz are down while the indexes are up. The big money is going out of nutz and into blue chips.

While there were lots of reasons for the NUTZ to crack, this thing smells like a take-out of the little guy by brokers & MMs. I tried all day to get shorts in on some NUTZ from FIDO. No dice, no loans on anything. Already sitting on a few older shorts but can't add to them. If the brokers freeze out shorts & make buys 80-100% margin NUTZ are going down & down. Brokers, MMs, and fund managers have got to stop the market from looking like easy money (i.e. for internet daytraders, etc.)or they're out of work. This is probably going to blowup in their faces and in ours, but the battle is joined.

exchange2000.com