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Biotech / Medical : GNBT Generex
GNBT 0.00Jan 27 4:00 PM EST

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To: Hawkmoon who wrote (164)3/22/2006 6:30:03 PM
From: MJ  Read Replies (1) of 310
 
Hawk

Around the same time, I was watching the streamer on CBMX.

CBMX opened at 2.70 and had a high of 2.90. It was moving along very methodically, backing and filling.

After lunch time the Bollinger bands were getting tighter and looking as though they were coming together----about middle range for the day. Well, saw that pattern the other day in another stock and that stock broke to the up side. Wasn't sure which way it would break.

Stayed with it------made a telephone call to my Cousin----just as we began to talk----the low priced buys disappeared on Inet like water running rapidly. The buys were picked up and the sells became rapidly lower in price---------almost like a computer gone awry with a stuck key.

My first thought was that there was a terrorist incident.

Gradualy , the rapid changes stopped and gradually, the price was brought back up to about $2.60.

I sold half of my position at that point.

I kind of wonder if this is the programmed selling that the wall street floor traders are protesting with the New York Exchange.

Also, my first reaction when I saw the stock dropping so rapidly was whether or not their had been a terrorist attack.

mj
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