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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 (61311)9/21/1999 9:17:00 AM
From: Tim Luke  Read Replies (1) of 90042
 
cs..how i see it:

it was up 1/8 on instinet and now cs is trading at 17 1/2 X 17 3/4 (i just got off the phone with instinet)......i see this as the fake and shake....cs beat the street by a penny so there is no reason to take the stock down...so the specialist will open the stock down and shake all the weak hands he can....after all the panic sellers are down you will see this stock come roaring back.....we are in play so make no bones about it....i will not sell 1 share into this bullshit fake so this is where they separate the tough from the weak....
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