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Non-Tech : Bill Wexler's Dog Pound
REFR 1.847-1.2%Nov 14 9:30 AM EST

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To: Dale Baker who wrote (2265)7/16/1999 1:52:00 PM
From: Marconi  Read Replies (1) of 10293
 
Hello Mr. Baker: ZITL

Volume died to mid 800K in the last hour. Bid-ask is still tight at 1-23/32, 1-3/4. Now that the price is up 1/2, what do the buyers do? There should be a dearth of sellers from prior long investments- -price was at 1-3/4 in the last month or so.

So how does the 2 hour buying flurry pack exit? Don't stocks historically correct faster than they rise in general? Seasoned hands, please comment on this pattern. I have a hard time understanding this kind of nonsense.
Best regards,
m
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