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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (12714)	5/20/2002 3:23:19 PM
From: Louis V. Lambrecht	Read Replies (2) \| Respond to of 36161

Thanks - almost forgot to check: 3 p.m. is pro-hour. At most brokerages, large orders must be entered before 2 p.m. to allow for the specialists to make their books. The 3 o'clock trend usually shows how bullish/bearish the large funds are. At 3.30, daytraders close their positions and take their profits. Trend may or may not reverse (rat-tail / fat-tail). Lessie who wins: BigMo or day-traitors. <vbg> NEM still has some catch-up to do, even on the XAU :-)