HAUP - Hauppauge Digital Message Board

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Technology Stocks : HAUP - Hauppauge Digital

HAUP 0.0155

0.0%

Nov 7 9:30 AM EST

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To: BigTex who wrote (635)	5/23/1999 10:07:00 PM
From: Jetter	Read Replies (1) of 1149

Tex, the only thing that will determine a gap is how many sucker put in market orders before the open... The MM's will take it up as far as they can to fill the market orders before they bring it back down to buy back the shares that they just sold. The big question here is how many "longs" fold under the pressure of watching this one fall back? One final thought to keep in mind... I don't know how many of you trade with level II, but if you where watching HAUP on friday like me you saw way too many 100 and 200 share orders being placed at the ask. This was not institutions, it was not large orders and it was not an indication of serious buying. What it was is more than likely MM's selling to each other to walk up the ask. It would be very interesting to see the actual amount of shares that were bought by actual investor... Good luck to all tomorrow... HAUP short tomorrow is the closest thing you can ever get to perfect market timing... Regards

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