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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (76201)7/27/2007 1:41:46 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
The SP's already dropped about 100 points, that's enough to scare the average trader, I have to think the specialists on the floor are already buying for next week's rally, it's the revolving door trading method most traders use, here's how it works: traders sell out near the bottom, they sell to the specialists... and then the traders buy everything back from those specialists at a higher price after the market rallies, hey, these floor specialists have to eat, too, y'know...<g>

GZ™