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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (2180)5/19/2000 1:32:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 3076
 
Well, you get points for succinctness...<g> What indicator/s in particular, on this day, told you that Market has decisively changed re: ELON? Please?

For whoever on here wondering what MaxPain was for today's option expiry???...

The best answer I can locate:
35

Would be a shocker to see that today, and I'm on record as to NOT expecting that much of a buzzcut by today's close...
but someone on here did ask.



To: Boplicity who wrote (2180)5/19/2000 2:48:00 PM
From: ratan lal  Read Replies (1) | Respond to of 3076
 
the market never lies.

But the market makeers do and they control the market.

If you dont believ me, try monitoring a Level II screen on any active stock. You will see bids / asks of 1000's of shares that show up and then vanish when the market moves close to their price. Someone needs to do research on the amounts of money these guys make in trading.

Also did you hear about the 100 shares of HWP bought before market open at $4 over previous close. So if he also owned 1 million of HWP, he just raised the value of his holdings by $4,000,000 less the $400 extra that he paid. Additional he set up an interest in that stock which moved it up another $4 that day.

Interesting and very imaginative.