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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (28976)4/9/2000 7:44:00 PM
From: Canuck Dave  Read Replies (3) | Respond to of 56535
 
Well, we can agree to disagree on that one, Max.

Remember I said Thursday that there was something in the CPQ chart that had caught my eye? Well, I was only half right. It was the activity which was the story. Apparently some Saudi prince bought 10 million shares on Thursday. Why these guys would want to play the market is beyond me.

Doing a lot of thread mining this weekend. Historical measures of mania all indicate crash is still yet to come, but does anybody really believe it will happen? Also, lots of big numbers of shares went through at the close Friday (e.g. BCE and XOM). I think something is up, but I have no idea what it is.

CD