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Strategies & Market Trends : Waiting for the big Kahuna

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To: Richard J. Byrd who wrote (11620)12/15/1997 12:32:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
Richard; that one made me laugh..so lets say every one use the same
TA..and tries to sell the stock,,yep it will go down..but were do
you find any buyers ? Like wise if every one desides to buy..were
will you find the sellers ? Why a stock would go all the way to
zero in one swift swoop, or fly to a trillon or so dollars a
share on no volume...every body just bidding and bidding..
man that would be a sight to behold...but just how in the hell
could it work ?
Now here is some off the
beaten path FA..look at how much of a stock is held by institutions,
say its 60% then look at how many instituions hold it..say 1000
so 60/1000 = .06, not bad , you can figure out the rest.
Jim

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