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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
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To: LTK007 who wrote (493)7/16/1998 9:45:00 PM
From: Len Giammetta  Read Replies (1) of 2365
 
Duh? I must be burned out. I'm not sure I understand how a group, placing numerous small buys as they drive the price up, and placing numerous small sells,as they drive the price down would be very profitable. As they drive the price up isn't their average cost increasing and visa-versa? And what about all those commissions? Seems to me they'd be lucky to break even with that strategy.

When you feel more energetic, maybe you could explain what I'm missing.

Thanks,

Len
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