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To: SecularBull who wrote (8484)6/20/2001 11:14:52 PM
From: John Madarasz  Read Replies (2) | Respond to of 10934
 
my point exactly...

the question is, was smart money buying or selling? I just am being too damn cautious<gg>

I've seen support like this get bought by speculators in size, but no breakout makes me think that a large supply of stock was getting sold into speculators hands.

I'm probably very wrong, as the market is poised to open higher tommorrow, and to you longer term hold folks, it really doesn't matter now anyway.

I was just interested in the action, and why it didn't follow the index like it usually does during volatile upside moves.