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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (1945)12/29/1998 7:56:00 PM
From: coachbobknight  Read Replies (1) of 122089
 
skym...strange trading...could it be that forced buy-ins occurred today...it seems strange to me that skym held onto its gap from this am and never broke the 38 level...could there have been some forced short coverring???...or was it daytraders simply closing their positions...either way there was buying the last 30 minutes....i assume it was daytraders who simply wanted to be clean overnight...i am kinda short this stock...went today at an average of 41 1/2...i have more in reserve to club it if she goes higher than 45-46...

sorry i haven't helped the thread lately but have been in bloomington for the holidays as well as exams before that...has anyone heard anything about a forced buy-in??? also i read somewhere that skym is no longer marginible at Waterhouse...i checked with schwab and they still lend against it...

yours with a chair,

coach knight
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