> message from Sonny on Jul 8 1998 12:42PM EST (Yahoo # 11980)
> possible scenario tomorrow morning:
> In all likelihood, say, yhoo beats the most optimistic of the > current whisper number, which is 13 cents, and, say, come out at > 15-17 cents. Then, with yesterday's and today's beating, MMs will > entice the small suckers tomorrow morning, saying ..."come on, come > on you buddy .. see its all time high was 207 and now its doing only > 175 (assuming it closes at that today) ... so you see, you can make > a nice 12-15%" and the herd will pour-in, once again completely > taken in by their tactics. But then, just below that all time high > of 207, savvy players would have placed their sell-at $204.75 ... > and it may never see that high again for another year! The small-guy > would be, once again, left looking at the bag he is holding!
looks like this scenario got played out today then ... pretty close :-)
cheers to all, -/Sonny. |