SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug R who wrote (2411)8/21/1997 12:44:00 PM
From: Instock   of 79449
 
Doug: But, with all the buying, the price should increase.
See this as a possablity: That someone or someones, who got in long ago at a REALLY low price now have sell orders in just above the current price. The market Makers needs lots of BUY orders so they can fill the large sell order or orders.
Once those are filled, the price can take off.
Seen what looks like this MANY times. After the large sell order is filled, the stock takes off like a rocket.
What do you think?

Thanks
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext