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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (7794)11/14/2000 10:45:40 AM
From: Jdaasoc  Respond to of 30051
 
My perception is that institutions are not joining the individual investor buying frenzy this morning. People took their profits on their 15 min. trade and are awaiting next news from FL. or more buying on higher volume from institutions.
Island ECN trading about 10% of all trades on large caps like INTC even higher percentages on momo stocks like RMBS.
I get gut feeling they will squash this rally on slightest unsettling news from FL.

john