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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (26209)9/17/1999 9:50:00 PM
From: Matthew L. Jones  Read Replies (1) | Respond to of 99985
 
Looks like with a couple of exceptions you are calling it up for Monday. I was holding a large (3000 shares) position in Boston Scientific (BSX)-- the stock that got crushed Wednesday and stayed mostly flat yesterday. Today it gapped up and went up. I was debating closing out my position but I noticed a lot of large buy orders as well as some particularly interesting posturing by the specialist. I decided to hold my position. At 4:03 there was a 1 million share market on close buy that came across the tape! :-) I should pick up a couple of points on Monday. I could use it after the last few weeks of sideways action. I had some QQQ puts expire worthless today. I seriously thought we were going down a couple of weeks ago but nobody else evidently did. Now everyone does and we're going up! Thanks for the info. I need to talk with you and find out how you compile your list in detail. I got your earlier post. Have a good weekend. Matt