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To: John Donahoe who wrote (58377)5/25/1999 1:43:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Since we are currently in a dip, are the "buy and hold" mice going to be buying? If they sold high, then they can afford to buy the so-called "dips" now.
Don't you think the elephants will start buying in pretty soon?
The elephants own more than 80% of current float and will have to absorb more and more..the games and players are "one in all", and "all in one", so what do you think?
What options are you referring to? And why are they limited?
Well, this one is easier;
1. Small retailers have far less resouces and skill to "option", to "short" to "balance"..they just buy shares and calls.
2. If some trade their IRAs, there is no "loss carry forward" or "offset"...they have to just buy and hold.