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Strategies & Market Trends : Waiting for the big Kahuna
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To: donald sew who wrote (29560)9/30/1998 8:20:00 PM
From: Ilaine  Read Replies (1) of 94695
 
>>>>At about 3:45 the tick was about positive 100 while the DOW was down 255. They did try to run it up at the close but failed miserably. After 3:45 they ran the TICK up to around 900 - that was a big BUY PROGRAM to move the TICK from 100 to 900 in about 10 minutes. However the DOW still closed down 237, so that 800 point upswing in the TICK produced 17 point positive move in the DOW. Thats not a good sign for the upcoming days.

I think they will try to rebound this market some tomorrow, and as long as todays highs at 8080 hold, this downswing will still probably continue<<<<<<

Please, have mercy on a neo,

1) Who is (are?) the "they?" that are trying to do these things?

2) How do they move the tick, and why?

Thanks in advance,

CobaltBlue
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