SI
SI
discoversearch

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.
Technology Stocks : Applix is back in action -- Ignore unavailable to you. Want to Upgrade?


To: Thomas A Watson who wrote (2804)8/30/1999 4:43:00 PM
From: Charles Tutt  Respond to of 3014
 
I heard a statistic on Bloomberg's morning TV show recently that surprised me. If I heard correctly, they said an estimated 15% of NASDAQ volume was generated by approximately 5,000 active daytraders. If that's the case (perhaps I got it wrong), then on a billion share day the 5,000 would trade on average about 30,000 shares apiece. It's understandable how an issue like APLX, if caught up in such a whirlwind, could trade the kind of volumes seen today.

JMHO.



To: Thomas A Watson who wrote (2804)8/30/1999 8:40:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 3014
 
T.A.W. and ALL: THE CALL EARLIER TODAY OF A DROPBACK TO 18 1/2
made good TA sense as - the stock gap-opened...but that was filled!!!
Tomorrow - I'm with you (clueless). Gave up 1/2 my position today
at 21 15/16...will sit and wait for some stabilization (grin)...
Best,
Don



To: Thomas A Watson who wrote (2804)8/31/1999 9:08:00 AM
From: Bill27  Respond to of 3014
 
Seems like the hardcore daytraders are picking flavors of the week - last week it was POKEMON , this week Linux . Now if they would tell me this the week before , I would feel comfortable taking a position . I would hate to take a position just when the herd moves on . This is a little riskier then even I like .

Bill