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To: AllansAlias who wrote (66128)2/9/2001 1:04:11 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Hell, I'll take slow down over fast down ANY day. Continued choppy bleed makes for much better trading. Lousy for options, but great for shorts.

We've inflicted enormous damage in the past few days. Getting the market to actually gap down and close down on the CSCO release was quite a victory, and having it stick the next day as well was my wet dream.

Plus, I haven't had a whole lot of time to review charts the past couple of weeks, so the slower approach is giving me time to catch up.

BC



To: AllansAlias who wrote (66128)2/9/2001 1:30:03 AM
From: Perspective  Read Replies (2) | Respond to of 436258
 
And don't let the lower Naz volume fool you - they just switched to the new reporting rules a few days ago that eliminate the double-counting of volume that flows through a market-maker. It used to count twice - once when it went from seller to maker, and again from maker to buyer.

I don't know how big a factor it is, but I'd say today had solid turnover.

BC



To: AllansAlias who wrote (66128)2/9/2001 9:57:59 AM
From: pater tenebrarum  Respond to of 436258
 
true, but for options trades fast down is better.