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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (62733)1/29/2001 4:25:30 PM
From: KeepItSimple  Read Replies (2) of 436258
 
How come every single mo-mo stock I watch moved less than 1 point in either direction today?

Am I to believe that all the daytraders decided that they wouldn't move stocks in either direction, at ALL, even on the most volatile trash stocks, until the Fed decision?

Achieving coordination amongst hundreds of thousands of daytrading investors would be close to impossible.

The only other explanation is that prices in these issues are controlled by a cartel of sorts, who decided that it would be best to keep prices within a specific range. It's almost like tomorrow is expiration friday.

What gives?
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