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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: bob oserin who wrote (6286)5/14/1998 12:11:00 AM
From: TEDennis  Read Replies (1) of 10786
 
Bob: Re: action of a stock when I leave it ...

True ... the "TED Effect" usually guarantees that a stock will rise after I sell, or fall after I buy. This time, however, the stock continued on the downhill slide after I sold.

I guess there are some market dynamics that even the "TED Effect" can't control. The programming staff is working on these anomalies as we speak. After all, how can anybody rely on the effect of the "TED effect" if it isn't consistent?

There is one factor that hasn't been considered, though. Typically the "TED effect" takes effect within 3 days following my action. So, there is still one day left. For those of you who are long, keep a close eye on the stock price tomorrow. It could rise above 14 9/16, thus keeping my enviable record intact.

Good luck, all ...

TED
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