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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (4859)1/18/1998 10:39:00 AM
From: larry watson  Read Replies (1) of 42787
 
Re. >> my personal feeling (just a guess and im not in radaf) is that it's a suspcious move? Even though Doug called it, i still feel the move is suspicious. <<

Chris -

The feeling from some with the screens to see such things seems to be that Radaf activity of late was due to a standoff in the 12 7/8 range between a large shorter/seller and an equally large buyer (Mr. Pickup), with Pickup winning in the end. Wouldn't that explain the sudden and dramatic "suspicous move", i.e. the shorter/seller's bluff was called due to superior, relentless buying, and he/she stepped away from the plate allowing Radaf to "unwind" like a compressed spring - or am I viewing all of this too simply?

Thanks to you and everyone for the analysis,
larry
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