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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?


To: Dolfan who wrote (3013)10/13/2000 10:08:07 PM
From: Tim Luke  Read Replies (2) | Respond to of 8686
 
mark,

todays rally imo may have been the mother of all sucker rallies....i hope more then anything im wrong...i have never seen so much block trading hit my wires like it did today...i questioned this



To: Dolfan who wrote (3013)10/13/2000 11:55:52 PM
From: HandsOn  Read Replies (1) | Respond to of 8686
 
Agreed only ones worse then GS are RS, when They put out a strong buy They sell into it immediately. What a day, took a chance and went fully invested into the close Yesterday. Took profits on AAPL, KLIC, VIAN for 1 to 2 points. Then I get done making dinner for John and I, think I'll check and see what the Yahooligans are saying about GENU about 6:15 p.m. A MSDW analyst pumps GENU on CNBC in AH and it is at 6 7/16 after closing at 5 1/8 up about 7%. I go to Island book and www.nasdaq.com to check buy orders and last trade, put in a sell order at 6 3/8 but no bites so after 5 minutes I put in and order and get filled in 3 partials at 6 1/4. It has a 174 mln. float and traded 87.9k shares in AH at www.nasdaq.com with mostly very small trades. I just thought after so much chit in one day, we would most probably get a relief rally of maybe 100 Naz points Today, got lucky but risky all the same. Tim I have a cousin who is in the special forces so I was really upset when I heard about 17 dead and 36 wounded Today. Remember What We did in Africa a while back, believe me the CIA and special forces will track those bastards down and take them out.