America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Frank Ellis Morris who wrote (4369)	2/4/1999 6:01:00 PM
From: RocketMan	Read Replies (1) of 41369

I know that MMs read SI and other boards to steal money from the investor on penny stocks, but it would surprise me if they could orchestrate a move on a stock like AOL that trades 15M shares on the big board. But I do see evidence of orchestration in program selling. Tuesday at 3:00 PM a sell program kicked in, and tech stocks both on the NYSE and NAZ began tanking right at that time. Today the same thing happened, but it started at 2:30 PM. I have heard that these sell programs use indicators such as S&P future activities and advance/decline ratios to determine when to kick in, but maybe they also use the SI posting mood :-)

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