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Non-Tech : Invest / LTD

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To: bw who wrote (137)5/7/1998 12:29:00 PM
From: Thean  Read Replies (1) of 14427
 
bw, if I were you I'd stick with your own gun. By the time you clear your trade through here intraday, the sentiment may have completely changed. However, I find anticipating various scenario for the next day better at night after the market closes.

Let's take OPMRF for example. It has been manipulated by this hedge fund manager (my hypothesis) and he decided to close out his trading position yesterday therefore OPMRF is down to low 14's. But it was very low volume. I thought about setting a stop at 14 7/16 last night but I decided to hang tough. I could have sold it right here at 14 1/4 but I think it will go up since it is going to report earning next week. The stock will not go down much further with earning and possible news pending next week. Therefore I refrain from pushing any botton.
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