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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: moby_dick who wrote (42275)8/12/1999 12:04:00 AM
From: David Smith  Read Replies (2) of 122087
 
I'm actually glad there are people like you in the market......that's how I make my money. This bull market has been a boon to traders who actually know how the market works...that group does not include you. Son, here's a tip for ya: when you see a block trade go off "at the bid" as you phrased it, in a fast moving stock it's often one of the following: 1. an unintentionally late print, as the block has moved away from the price the dealer sold it to the buyer, or 2. a block that the dealer purposely printed late to make it seem like there is a seller in the market. Just a coupla hints about how you tell whether there are more buyers than sellers in a stock. Then again, you could probably just look at whether the stock is going up or down.....oh sorry, forgot who I was talking to.

BTW....regarding my recommendations you posted...ELBTF was a large position for me, on which I made 2 points in a few days. Nice little snack. The others are play money. Also BTW: I was long in a big way on BCRX since I began posting about it last week at $12. Check my posting history. Out of half my position today at 20 1/4. You bought me a new car in less than a week, pal. Game, set, match to me. Res ipsa loquitor.............
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