STEAMROLLER'S DAYTRADES Message Board

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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: DayTraderKidd who wrote (1254)	10/14/1998 10:59:00 AM
From: J. Ramsey	of 1561

ATAC thoughts for Peaceful... ATAC down 6 days in a row... hit a new 52 week low this AM fell under 4 for the first time hit 3 and 7/8 then saw buys coming in on level II, MM's kept creeping bid up by 1/32 at a time while keeping the ask at 4 while the buys kept coming in. It seemed to me that they were going to let it, at least a little. when I typed my original thoughts on this it had gone to 4 1/4 on the ask with buys coming in at the ask. Still developeing my Level II reading technique. IMO only I think the MM's will take this back to the 5 - 5 1/2 level by week end. The news is out, nothing to really get scared over, company solid with good cash flow and continued demand for product. Got to get back to work now best of luck, looking for slow gain on this all day... Who really knows ... Jim R. (bid creeping up 4 3/16 now)

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