trading and a couple of reminisces.
re << I found myself blasting people while running around on a moving, open air, underground train>>
The red-rover mod for Q2 has a level which acts like that, a sort of moving beltway. I thought it was really cool.
re: somebody posted that they thought the atmosphere in Half Life was excellent and then commented about Doom. I thought the most utterly frightening game experience that I ever had was the old aliens-tc mod for the original Doom. You're crawling around in the dark with very few resources and these nasty black aliens moving around and then you hear one of the really bad guys. I had taken the advice in the read-me and had turned out all the lights. Wow. The second most frightening thing I experienced was in Doom II. About the fifth level where you meet the first spider droid. You are in this room with pillars and you cannot see very far. Then you move forward and you start hearing this noise. I was spinning, weaving and shaking in panic trying to find out what the noise was.
Waiting for a wicked3d banshee for my K6-233 system. I actually wanted it for the 16MB in 2d.
OK, trading. I was watching very closely all day Friday, trying to find a place to average down. In short, I didn't find one.
Somebody dumped 50K shares early on. Then there formed a wall at 13 1/2 of offers from a dealer/broker. This lasted all day and eventally lowered to 13 3/8. At some point somebody bought about 50k shares and didn't move the wall. I saw the share count go from 400k to 600k where small trades kept stepping up and buying from the wall, but it never bugded. So I conclude that somebody sold 100 to 200k shares on Friday.
One explanation is that somebody did some major profit taking. Another, more sanguine scenario for the longs is that somebody was keeping the price down for option expiration. My question is this: How likely is it that this was an options expiration ploy? Does this seem like a reasonable explanation? Likely? I guess well know for sure if this seller is gone Monday.
I didn't ever buy because I was waiting for that supply to dry up. It never did. I may regret not buying. We'll see.
Joe Hoane |