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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: heehee1 who wrote (23744)2/15/2001 4:51:51 PM
From: xtahce  Respond to of 100058
 
NO! Someone knew at 2:50!! 900K shares traded at $30.50 then the fall began. I bought a few lots a couple of days ago for locked in RRSP, so I can't touch funds for another 10 years.... but what ticks me off is that someone knew before hand and TSE didn't halt until 4:00, official news came out at 4:04 .....I couldn't trade shares even if I wanted to. TSE is still halted.

chart.neural.com



To: heehee1 who wrote (23744)2/15/2001 5:03:32 PM
From: jacin  Read Replies (1) | Respond to of 100058
 
HeeHee, in my opinion the Large Institutions and Hedge Funds new of NT's problem long before the last half hour of today's trading day. Back on 1/31/01 NT hit an intra day high of 40.5. Including that day 9 out of the next 12 trading days were down for a drop of 25% in NT's stock value. Many times I have said that the chart action of a stock will be representative of forthcoming news whether it be good or bad. I know others might disagree but the Charts do not lie and here is yet another case to substantiate my claim. Trade safe Please.



To: heehee1 who wrote (23744)2/15/2001 6:26:07 PM
From: FLACK  Respond to of 100058
 
heehee "Well, somebody knew about
NT's warning before the announcement..
Sold off drastically the last 1/2 hour of trading day.. "

The words Rats and Ship come to mind.