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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (15186)12/3/2002 7:32:31 PM
From: AugustWest  Read Replies (1) of 57110
 
Whatdo you make of this situation on SEBL.
When it broke $9 this afternoon(about half hour after Tom opened his mouth) the volume was just over 15M
About 19MM when it hit $9.2
about 24M when it hit the HOD second time than proceeded to pull back.
Closed the day with 34M shares traded*.

Now maybe I'm just trying to support my massive short position but it seems like the smart ones(meee<G>) were selling to the dumb, desperate money.
I'm looking for it to close below 8 or above 10 tomorrow.

*above volumes are as near as I can recollect.
I was paying attention to them closely but there is a chance I have the 23M number wrong, might have been 26M

On an unrelated note, damn I wish I had been paying attention yesterday stockcharts.com[w,a]daclyyay[db][pb50!b200][vc60][iLb14!La12,26,9]&pref=G
There is always tomorrow.
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