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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (356)8/22/2000 9:03:09 PM
From: Street Hawk  Respond to of 19633
 
It boggles the rational mind sometime to see that the good companies rarely move over 50% in a day, it's usually the speculative junk that does this. You would almost never see a COVD (a DSL provider) make these outrageous 100% daily runs. Probably due to the fact that most of the institutions wouldn't allow it, by the sheer volume of their sell orders.

But in retail land, the momos clearly are the majority, and they will run with anything, as long as it's moving. Of course, with the number of bagholders in DSLN, I don't think the run will have much fuel. There are still quite a bit of institutions that are looking to get out of DSLN, there was a lot of dumping going on in INCA today.



To: Tom Hua who wrote (356)8/23/2000 1:51:33 AM
From: Rick Buskey  Read Replies (2) | Respond to of 19633
 
DSLN---just a trade for me--not a long term holding---lucked out bigtime-----run should be over soon.