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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Joseph G. who wrote (2301)6/16/1998 2:56:00 PM
From: Cynic 2005  Read Replies (2) of 86076
 
<<Market's doing descending triangle today too >>

You mean on an intra-day basis?

<<somebody big started to sell seriously. >>

This guy agrees:

<<ROBERT SEIJAS, NYSE SPECIALIST, MERRILL LYNCH: Today we saw for the first time in a while some real selling. We had some market on the close orders that were not derivative related and it indicates that some major institutions at least are taking chips off the table. >>

quote.com
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