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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Boyd Spencer who wrote (528)4/8/1999 12:51:00 PM
From: Matt Brown  Read Replies (2) of 5041
 
Just got a second to check the stocks...Here's what I think..

Yesterday, the MMs couldn't control all of the buying at the close. Today, it looks like a mix of panicky profit takers and the MMs bringing it down to shake out weak hands.

The news is not yet out but is expected very soon. I am waiting for the news to see what is going on before I make any kind of move.

It just looks like the MMs brought it down to shake and pick up more shares.

Just my thoughts.

It looks like it hit a bottom a minute ago, as I just saw them raise the bid/ask quickly.

These are just my views!

FM
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