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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2061)12/16/1997 1:20:00 PM
From: Nazbuster  Read Replies (1) of 4969
 
Steve, Christopher, and others...

Thanks very much for keeping this discussion at a high level so we can all really learn.

I'm still struggling with forming a basic understanding of what you see/think as you watch the trades. I see so much volatility in good stocks (like CPU lately), that I wonder how you don't get caught going the wrong way. For example, if the last xxx trades have been slowly inching upwards in price and volume, what guarantees that the price won't suddenly do a massive drop just after you buy like it does for all the rest of us? <G>
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