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Non-Tech : Amati investors
AMTX 1.490-2.0%Jan 16 9:30 AM EST

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To: Ross Roberts who wrote (10990)2/24/1997 5:44:00 PM
From: Galirayo   of 31386
 
[ 2 Cents ] Ross,....

Well as for the "nobody seems to care" ...A Kindly Correction.....Yes I care.
I looked at the Amati chart before I bought it. I watched it roll from High to Low and Back again. So I was informed before I Bought.

I felt like singing a few Sad Songs today because......

Sad Songs Say So Much but I couldn't get the internal motivation initialized. It was a heavy handed day to type my posts here.

I had great expectations of a continued Momentum Run with the Bulls on to much greater heights. But it looks like there was some profit taking. Mostly little sellers.

Here is some crazy thoughts for you and everone else.

If a Big investment Firm wants to buy shares and a fair amount of them.

Do they want the price to be High or Low when they buy ??

There is nothing I am trying to imply here except that in the stock market the profit takers take their profits and the buyers try to buy at the best price. It's these big players who can drive the price down until they get their fill or their profits. They convince us to sell with their strategic little sells until the price is low enough and then they scoff on our trash like hungry wolves. Because to them it's not.
The Pro's who do this day in and day out are well ahead of you or I.

I've watched Big Block Buys go thru on other stocks I own and I know they were buys because I saw them. But they were passed thru beacuse some MM had been feeding on the stock until he was too bloated and when the big purchase was placed below the ask on a Fill or Kill basis he called it a Priority or Parity or Preference Sale and now the ask has dropped because the order was filled on such a big sale.

The thing is though I've watched the Amati intraday chart and there have been no Big Blocks moving at least not that big. I can't really explain it except to quote an old saying....

"Buy on Rumor and Sell on Fact"

I'm just sorry it was accurate today....... Fact Day

No I didn't sell I'm heavy and long.
Can you shine your flash light at the other end of this tunnel ??

Ray
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