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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (13772)	12/4/2008 12:51:33 AM
From: RyanE.	12 Recommendations Read Replies (3) of 50061

Everytime the volume spikes up i.e. slw, there's always posts about "buyout coming" or "there must be big news" or "major trend change coming" and so on. Folks, believe it or not, there are some newsletters out there with some large followings and a reco on a particular stock or option can easily generate the type of volume that just occured in slw options. Pull up a chart of pmu and look at Sept. 26 of this year. See the volume? Yep. It was a reco in a newsletter. All the posts on the message board were the same hopeful comments of "good news coming" and so on. When you see monster volume in a stock and there's NO news, you've GOT TO START THINKING that it was simply a reco in a newsletter and STOP thinking that there's big news coming, etc. Food for thought....

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