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Strategies & Market Trends : DAYTRADING Fundamentals

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To: LPS5 who wrote (8952)6/16/2000 4:15:00 PM
From: Wayners  Read Replies (1) of 18137
 
I've learned that the real reason behind the hard dips has a lot more to do with following the major indexes than anything else. The bids simply get yanked by the market makers when the indexes reverse in the short term and not always from inherent real selling pressure in the stock. I have noticed some serious lags between the market makers keeping up with the indexes which I take advantage of whenever possible which is a lot. I've also noticed that they'll throw in an upbid when the indexes reverse to the downside and throw in a downbid when the indexes reverse to the upside to catch people that don't follow the indexes. Does it make sense to value companies of the indexes? I don't know but thats how the game is played.
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