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To: H James Morris who wrote (125100)5/16/2001 11:43:14 AM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
<The moral to the story is buy it when the day traders are finished with it! >

hj, have you ever encountered a stock thread upon which the day traders have descended for a day? They know each other by all following the momo and running into each other over and over. They chat in real time throughout the day (if the momo lasts that long), and treat it like a party. They are all trying to get out at the peak of course, so hold their trading cards close to their chests until they sell. Then they state their sales price, usually in a flurry of posts, and then talk about stuff like cleaning up as the guests go home, etc. Their really is a sense of letdown as the posts die out as the momo does too.

Really quite entertaining.



To: H James Morris who wrote (125100)5/16/2001 10:28:10 PM
From: Glenn D. Rudolph  Respond to of 164684
 
The moral to the story is buy it when the day traders are finished with it!

How does one know that they are?