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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (966)6/18/1999 3:40:00 AM
From: Richard Estes  Read Replies (1) | Respond to of 18137
 
You may be 100% right, but we can only guess. We are never provided a list of buys by institutions, nor can we identify a short. We all guess trying to explain the action we see. We can't tell if at bid it is a buy or sell. My wife observes that a block trade above the ask is followed by a selloff. Dang if I am not seeing it alot.

Humans want an explanation for their existence and the stock market. Both have kept people guessing for years. I do it all the time. But Price rules.