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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: thebeach who wrote (59160)9/13/1999 11:39:00 PM
From: R.E.B.  Read Replies (2) of 90042
 
Can I get an opinion in Beach... the stock was up on heavy block trades and sold off late on minimal volume. In my opinion, the specialist allowed the bid to drop as a few bailed (probably day traders) at the end. Note that it went down of very little volume at the end... Sauce for the goose (inventory for the specialists tomorrow). He will be glad to unload those shares tomorrow north of $19. Tomorrow, I look for a run up in the morning.... back off around lunch time on small volume... and the a push at the end. Again, I look for institutional buying to come in the afternoon.
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