Hewlett-Packard (HPQ) Message Board

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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 25.07

-3.1%

Dec 8 3:59 PM EST

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To: PCSS who wrote (1300)	7/12/2002 3:15:04 PM
From: Windseye	of 4345

"the Day-traders & some Hedge Funds are running THIS market --- they watch the news (& CNBC) and trade (sell-short or buy) based on the perceived 'news' momentum or their based-on-position needs) ... it's sort of like a cabal (unofficial/uncoordinated) --- feeding on each others taught/learned (similar) teachings/lessons.' --- this is a paraphrase." What's new about this? Perhaps that more people are now employing the same tactics that large trading companies, large funds, and pension funds have been doing with their computer trading programs? Maybe what's happening is that the market is getting more efficient because more entities are reacting to every bit of news or imagined news that floats by? DJ

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