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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (2784)6/26/2000 4:24:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Tim, I will not mention the "holy name" for fear of bringing a curse on this thread (g), but I am not sure you are right, there was too much volume for it to be just MM's manipulations. On the open that day, there were bunches of 5000 and 10,000 shares going at the ask, MM's don't go for that kind of a commitment (g). I am waiting for the news to be published and may very well sell into the resulting rally (sell on the news), unless of course, some critical overhead supply areas are breached.

Zeev
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