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Strategies & Market Trends : P&S and STO Death Blow's

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To: jjstingray who wrote (26329)1/27/2003 10:14:36 AM
From: LTK007  Read Replies (1) of 30712
 
oops! No sooner did i see a beaming floor trader say "wow this looks like a rally with staying power!" it starts to fade--looks like speculators bought the number to get a rock-on move and no one followed.
This is an EXTREMELY bearish action when the Big Boyz at play don't get the suckers to follow.
But one need watch this tick by tick now as we can move sharply one way or another now, i don't see flat for the rest of the day, that is for sure.
10:30am may bring wild volatility as the battle will be intense at that time. But it will be ONLY intraday trader wars. Few are actually buying this market now,imo. Max
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