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


To: Rande Is who wrote (5630)4/15/1999 8:20:00 PM
From: Bucky Katt  Read Replies (2) | Respond to of 57584
 
I like that>"THE MOUTHFULL BETWEEN BITES"< look at the range in just about everything today. Just one micro, MACE, for example, they just let it dump, mm's walked away, but I knew it would bounce, after they had cleaned out all the stop losses, and all the chicken sh*ts.
Same with KTWO, and the big ones, like CMGI. Panic breeds opportunity...and really, nothing has changed..except some lost and some had gains, and I think the ones that bought today will do just dandy. Capital still has to find a home.....



To: Rande Is who wrote (5630)4/15/1999 9:15:00 PM
From: EyeDrMike  Respond to of 57584
 
Nice story, and probably alot of truth to it; only takes the glowing stub of a discarded cigarette to start a forest fire.

But the story isn't over, and the final chapter yet to be written.

With the advent of on-line investing, we have worldwide participation in the markets. And the emergence of on-line investing, and the whole internet itself, is only in its infancy.

Another point to consider, many many of these internet companies have very low floats; the shares get sucked up quickly, and because of the change in margin requirements at many brokerages, are bought with cash.