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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: fuzzymath who wrote (13095)10/15/2000 1:07:40 PM
From: Condo  Read Replies (1) of 18928
 
Hi Fuzzymath -

Tom indicated (#13189 here) that you take seasonality patterns into consideration and I thought you might get a kick out of this post:
...
So for the time being, it appears that not only have the Big Boys entered the market beginning in October. . .but over the last two weeks they increased the volume to the down side. Remember that Thursdays historic lows were on extremely heavy volume. That was no doubt made up of short-covering INTO the panic selling.
So Friday morning, October 13th was the perfect day NOT to take the markets higher in a major way. The one day where the individual investors would be too afraid to join in. The Perfect Day!

And it worked perfectly. Gotta hand them credit for such an excellent play.
...

Message 14580673

- Skol, ej
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