Arnie, Subject: Nextel's end-of-day price.
Just for fun, I used your referenced Yahoo charting and pulled up several other stock charts for Friday. I wanted to see if the price increase at the end of the day was a fairly common phenomena. I looked at FON, T, MCIC, IBM, F, and NXTL. Nextel is the only one that had a sharp pop at day's end; MCIC did show a slightly increasing bias. The rest were flat, or trending down.
My quick look is not very scientific statistically, but it was interesting. Question, how much can you read into the slight pop on Nextel price at day's end?
Thanks,
Rob |
