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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: in_cog_nito who wrote (21279)10/10/2000 2:17:13 PM
From: Sergio H  Respond to of 29382
 
Sir ICN, I understand that today is an UP day for XRX, but sold on the lack of a newsworthy development. The dividend
decrease announced today was expected as a warning was issued on a previous news release.

Relative to today's gain, note that XRX hit a new 52 week low yesterday. There are some bargain hunters coming in today, but its the little guys that are holding up the stock. Although there are some large block buys, the large block selling is larger.

We each use different methods for our trading. I was looking for a pop on news coming out of yesterday's meeting. That didn't happen, so I sold. You, on the other hand, timed your trade looking for a bounce off the low and are doing well.

Carry on Sir ICN.

Sergio



To: in_cog_nito who wrote (21279)10/10/2000 2:50:06 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
ICN, Money flow has turned very positive on
XRX....to my surprise. Following were all
buys:

2:34 10.73967 119,800
2:29 10.75000 164,000
2:24 10.75000 80,000
2:19 10.75000 100,000

Large block activity on WDC seems to have curtailed
this afternoon, but on the day so far, 52 buys and
35 sells.

Sergio


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