Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (8861)	6/9/1999 8:43:00 PM
From: Broken_Clock	Respond to of 14427

The #1 reason for my previous post....this market ignores any bad news. Period. 6%? Forget it!

To: SJS who wrote (8861)	6/9/1999 8:46:00 PM
From: The Ox	Read Replies (1) \| Respond to of 14427

SJS, I've been thinking about the way the market has been acting, particularly in the stocks we talk about on this thread. Most have had relatively lighter volume lately which has added to the short term volatility. I've read that larger institutional investors have been reluctant to take positions one way or another until the FED's action/inaction is clear. If this is true, it would lead one to believe that volume will continue to be weak until the end of the month FOMC meeting or until "something big" happens to give direction to the market. Using the lower volume theory, I would think that day/position trading, in stocks that have a relatively predictable trading range, could be an excellent way to generate profits. I wouldn't put large positions on the table until the market direction is clear but often with lower volume comes larger short term swings within a typical trading range. Any opinions on this theory?