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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (74126)3/1/2001 11:23:52 PM
From: StockOperator  Read Replies (1) of 436258
 
Heinz,

<<the umpteenth attempt to stop the maket from crashing>>

they've held it up long enough. I have been saying for sometime on the SA thread that prices will come under significant pressure this month with many stocks hitting multiyear lows. Look at today's trading in ORCL. They drive it up hard at the last hour of the day along with every other tech stock. But look at the aftermarket trading. ORCL is quoted at the high 16's. The low today was 18 3/4. The fact that the aftermarket trading is quoted below today's low tells me that there's a even greater urgency to distribute by the boys on WS.
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