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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: nokomis who wrote (73488)11/26/1999 3:23:00 PM
From: hjz  Respond to of 120523
 
I wanted to know if anyone knew of a way to find out when a large block of share is purchased, how can you find out what firm purchased it ? Specifically, I am talking about a large block of YHOO that was purchased on 10/28/99 after the GDP numbers were released and were very positive for the market. I wanted to paste in a copy of my post but SI is having some problems with posting today.

I wanted to know this because I think I am on to something about these economic reports relating to FED rate increases.

When looking closely at this trade and the timing of it, it is amazing for someone to place a trade that is so perfect. This trade was placed at the exact bottom for YHOO and near the bottom of the NASDAQ market for the last month. I am extremely interested in finding out more about these large block trades and I would like to hear from some other knowledgeable traders about it. Thanks for the help.

HJ



To: nokomis who wrote (73488)11/26/1999 3:25:00 PM
From: Northern Cougar  Read Replies (2) | Respond to of 120523
 
Nok (E.to) no I'm not in it. I was alerted to that one yesterday however after the market closed when I talked to a broker friend (the one who told me about MGI last spring). He said somebody in his office spotted the momentum earlier and made a bundle yesterday. Company had no news yesterday..the comdex award is good visibility alright but its got to translate into sales. I'm still on tse:MGI and tse:ECG as my latest favorites for TSE. But there are more low price ones to chose from TSE:( WIN, SW, TUN) and more canoe.ca :)N.C.
PS. I snuck out for a quick nine holes yesterday, was just like a spring day here..