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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (33538)9/1/2000 10:51:11 AM
From: Quiveringtrader  Read Replies (2) | Respond to of 57584
 
Kevin, What do you think about ANAD? Is this just some profit taking or consolidation or should I get out?



To: Kevin Shea who wrote (33538)9/1/2000 11:09:29 AM
From: KevinThompson  Respond to of 57584
 
That was interesting. Wide spread selling. Indices tanked. Then a swift recovery.

I see this as a reminder of how little control the individual trader has. Same old theme, the big money can do just about whatever they please. It pays to trade with them, not against them. DUH!

Gave me a good opportunity to reload (smaller quantities however), after profitoften this morning.

Folks at the Home thread saw this coming ahead of schedule. Can't change what big money will do, but we can certainly prepare for it.

KT



To: Kevin Shea who wrote (33538)9/1/2000 11:27:30 AM
From: KevinThompson  Read Replies (2) | Respond to of 57584
 
Kevin,

Take a look at how similar the 3-min charts are for a number of stocks today. e.g. ANAD and ENGA. Not at all similar business.

Always wondered how the collusion actually worked. Do they have a meeting and they draw straws to see who will lead the action, or do they have some grand PUHBAH that directs them... Maybe they take turns, "Goldman, it's your turn, next week is Merrill's turn, blah, blah, blah".

Cheers,
KT