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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (23967)8/11/1998 4:52:00 PM
From: HairBall  Read Replies (1) of 94695
 
James: I would say that most likely it was an opportunity for S/MMs to distribute stock accumulated. Generating a rally to sell into and ultimately selling short at or near the top of the rally, to supply additional demand.

BWDIK
Regards,
LG

PS: Got to unplug for now.
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