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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: 007 who wrote (7315)2/10/1999 10:04:00 PM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
it is a small cap tech.

It is my premise that liquidity has been drying up for the last two months. The first stocks to go under are the smaller cap high fliers (not counting the ones that are internuts of course, they are mania driven) When the liquidity collapsed for this stock, it crashed (there was NO news and it has a huge short position... so you can iimagine how weak thngs were). I think you are going to see the same thing in the large caps soon. Shorts will likely cover on the first selloff (just as many here have said) cause it will seem so overdone. many will even go long. Then comes the killer. a crash is said to come once most traders think the mkt is oversold and turn to go long. Watch for this sentiment to appear after the next decline. That's the warning bell! bull/bear ratio will also likely get worse at lower levels too.

THE MOST DANGEROUS SELLOFFS ARE ALWAYS THOSE THAT APPEAR TO BE FOR NO REASON.

this is what we currently have. This beast will soon fall on its own sword. Get short or get out of the way.

-Lucretius