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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (8244)2/10/1999 3:07:00 PM
From: TobaccoMan   of 43080
 
What he says vs. What he means......

Acompora says: "So far, we are just in the early stages of this sell off. Be defensive and wait until we give you the all clear signal before you consider being aggressive on the long side. "

What he means: I want you to get nervous, sell alittle to move prices down, and then after we (the Specialists and MM's) get a good bit of inventory, we will give you the "clear signal" to move prices back up so we can unload our inventory.

Ahhh, the institutions at their best.
Regards, TM
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