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


To: Haim R. Branisteanu who wrote (41744)2/29/2000 2:15:00 PM
From: Les H  Respond to of 99985
 
Another hot superconductor stock

msnbc.com



To: Haim R. Branisteanu who wrote (41744)2/29/2000 2:43:00 PM
From: Cynic 2005  Respond to of 99985
 
<<Also interesting that the NAZ is almost flat since the after 10 AM.>>

Perhaps you are seeing what I am seeing too. DUNG gap-opened up at 4646 for no apparent cause other than through futures. NDX 100 future are among the illiquid index futures. It is so easy to raise the bar at the open and sell things to unsuspecting public under the pretext of "strong" market. Now, 5 hrs after the open the trading range is some +70 to +105 or 35 points. But the Nasdaq composite gap opened about 70 points (or 200% for the day's trading range) higher. I would like to check the stock and index trades of those who bought NDX futures this morning. Leagal? May be. But this is nutso.