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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (7631)6/30/1999 5:40:00 PM
From: Michael Burry  Read Replies (1) of 78764
 
Both Journal Register and USEC had single trades in the last few minutes that were bigger than an average day's worth of volume. James Cramer is highlighting the phenomenon, and even he admits he doesn't know (not so amazing that he doesn't know, but that he admits it), and points to some like Dayton Hudson that actually cratered in those last few minutes. I note several of my techs faltered as well.

The R2000 rebalancing makes sense for today, but doesn't explain why everything was concentrated in the last minutes.

SO you're drought just ended, eh? Just try and catch me! ;-)

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