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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: B.REVERE who wrote (33828)10/21/2000 6:54:39 PM
From: Trumptown  Read Replies (2) | Respond to of 42787
 
Short and squeezed??? Welcome to bubble mania...where the market does just what it can to fool most of the people most of the time!!

SR



To: B.REVERE who wrote (33828)10/22/2000 10:06:36 AM
From: PMG  Respond to of 42787
 
I would like to add that this may not only concern the futures but also after hour trading (which has generally a low volume). When for instance AOL reported earnings the stock price fell at first 3.5% in ah trading, then suddenly climbed to +10%. The next day in opened at the high price (~50) only to fall very quickly to the initial level.

This might have saved AOL from a 10% price slash for the earnings that were just in line first call expectations.

Then on friday when COMP went through the roof, AOL stopped going with the market at about 48 and stayed on that level for hours. When the market sold off later, it went down with it proportionally. Maybe the cause was huge selling @ 48 from institutional(s).

The problem is, one sounds always a little ridiculous with suspicions like this...

PMG