K-Tel (KTEL) Have the cheesy '70s records come to an end? Message Board

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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?

KTEL 0.275

-17.7%

Nov 7 12:49 PM EST

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To: zax who wrote (2807)	11/20/1998 9:35:00 PM
From: Anthony@Pacific	Read Replies (2) of 3203

"SUCKERS OPEN", Works everytime!! Thats ok, we rely on those who refuse to get out, there are always a 1000 or so shareholders that are priveleged and married to everty deal. As the weake r short scover and daytraders get out and move on to other deals...we can expect to see it drift and drop to under 2 bucks.... To rest of the shorts who actually know what you are doing... Market Makers, Having been one for over 5 years, set up usually what is called a "Suckers Open"... You should never believe a stock is going higher because it gaps up...especially when the company has been plagued by bad news.......You are being sucked in as the Bag Holder Sell on any 2 point bounce.....Heavy,....cover after a 1 point drop....half, and wait, incase it bounces again...if it doesnt after 2 to 3 days....then sell, into any uptick and wait for it to fall...when covering do it on down turns and buy only 2-3 thousand shares at a time...and space out your buyimg in times of little or no activity around lunch time is usaully slow as MKT MKRS eat at their desk....The end of the day is the worst time in the world to ever buy any thing...It is usually a false indicator.... never reflect your entire order it can send other Mkt MKRS to run and cover infront of you, I would assume evry market maker is short, and unlike the Public they usually are not responsible for any squeezes but it is the Public that usually hurts itself( You are your own Worst Enemy) AND DONT EVER THINK YOU ARE NOT..

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