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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (2201)	1/21/1999 2:02:00 PM
From: ~digs	Read Replies (1) \| Respond to of 57584

William, what are trade gap numbers?? Are you referring to the trading deficit?

To: Bucky Katt who wrote (2201)	1/21/1999 2:21:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

I really see this week as more of a tug-of-war than a event cause/effect situation. Wall Street vs. I.I.I. [Individual Internet Investors]. Yesterday just before close Wall Street went bearish. Throughout the day the Dow was seeing dramatic swings, while Nasdaq [mostly Inet trades] was soaring. This AM we saw Dow make eratic up/down swings as though it was nudging the Nasdaq to get it to come along. Nasdaq was fine, but finally gave in and followed. Humans control the stock of the leading companies and brokers and market makers can push the entire market when enough of them get together. . . .like a group of people pushing a dump truck. . . they have to rock it to get it going, but once it starts to move. . .they can just keep pushing and it keeps moving. Same thing here. CEO of Ameritrade today reported that over the past few months, the I.I.I. have past the Wall Street traditional traders in both number of trades AND in volume traded. That means that WE ARE IN CONTROL. Now do you think for a second that Wall Street fat cat brokerage houses are going to stand by and watch their future earnings go down the toilet to a bunch of young hacks in their bedrooms in Iowa? We bid up the stocks WE like. W.S. analysts are more and more being ignored. We decide which companies will soar on news. NOT some big media, news or PR firm being paid stock and cash under the table. So now they are pulling out the BIG guns like they have many times before. When they did this in May, it lasted 6 months. We didn't see it. When they did it in December, it lasted a few weeks. We recognized the smell. My guess is that we are building up immunities and recognizing these traps more readily. This trap could last just a few days and we are back in control. I wish we had a similar way of making a concerted effort to dive in with buys all at once and catch them all short. I read once that a "concerted effort by shareholders to squeeze a short MM violated SEC regulations." [odd as that sounds]. But a general effort over the entire market is probably unheard of. . . yet that is exactly what they are doing to us. . .to rob us of our shares in the BEST companies. Rest assurred that SEEK, ATHM, YHOO, AOL, NSOL, EBAY, AMZN were the FIRST to drop. . .dropped the farthest. . . .and will be the first to be bought up right along with the short covering by the Wall Street Fat Cats. By doing this, it shakes the apples from the tree. . . .individual inet investors sell at a loss and the fat cats buy at a discount. Knowing this is half the battle. Avoiding it? I am open to suggestions. Cutting it off and teaching the fat cats a lesson? I am all ears. The war is over. I.I.I. wins. The losers just refuse to go home. Rande Is