MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: American Spirit who wrote (52623)	5/30/2000 9:56:00 PM
From: Stephen	Read Replies (1) of 99985

AS ... re LU. Like many other large techs I watched today, there was massive selling into strength (despite the trin). The action in LU was terrible until some panic buying came in towards the close. It was worse for MOT (splits 3-1 soon in a couple of days) ... the asks were big lots ... lots over 500K ... some at 1000K. At the death, there was a bunch of big lot buying for tomorrows gap up. I sold my longs based upon what I saw .. though I still have 300 of an LU sale I didn't get a fill on. I shall be watching tomorrow carefully ... and identifying my possible shorts tonight. Stephen

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