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Strategies & Market Trends : Ask DrBob
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To: longdong_63 who wrote (1968)8/28/2000 10:53:53 AM
From: Louis V. Lambrecht  Read Replies (1) of 100058
 
ld - the houses have been caught off-guard recently

Think of the Pats-vertizing campaign of CMGI, good for 20% jump. (13 mil shares were not retail day-traders alone).

Also the Emul-hoax: would the market have been undecided, the Naz could have been badly hurt.(on 11 mil shares)

My opinion is that the traders have been called back from vacation in order to fix some automated trading limits in the programs.
Traders should be back and are starting the post-Labor Day rally one week early. LOL.
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