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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: Goolie2 who wrote (165)4/26/1998 12:02:00 AM
From: Walk Softly  Read Replies (1) of 410
 
G... the hallmark of pro distribution is a very orderly retreat in price as opposed to volatility, this keeps the little guy in and buying (chinees water torture as price continues incrementally weaker).... so as not to spook a sell-off... typically their large blocks trade at a predetermined price (crosstrade), so you'll see a large block with no effect on trade range... but usually they enter and exit incrementally in small positions to cloak their whereabouts... you'd be surprised how pros nibble.... rarely jumping in like the retail folks... retail folks rarely even get a 5k block at the same price.... so I guess we differ again... let's see if the market holds... anyhow seems AVEI has seen a nice correction... if we get a double bottom here (32-33) I'll be feeling better (covering) and going long...

C ya
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