DAYTRADING Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TraderAlan who wrote (5073)	10/29/1999 3:46:00 AM
From: E. Davies	Read Replies (1) of 18137

You must be trading some very thin stuff. Not thin stuff, but not thick either <g>. It really is amazing how much power a single individual has though. One hedge fund or mutual fund manager can blast even a decent size stock if he chooses to exit a position or buy options in quantity. 1000 contracts is 100,000 shares after all. Fund managers have been known to deliberatly trash a stock that they are closing out of. Doesnt look good to have it go up after you sell after all. End the day with a rash of very sloppy selling and try to instill some fear in the buyers for the future. Just look at what happens to the market around 2:30 and again at 3:00 when the program trading hits. I've never been able to predict which way they will go nor how long it will last. At those times of the day I try very hard to be in positions that are relatively insensitive to the market as a whole. Eric

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next