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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: squetch who wrote (11087)11/14/1997 3:04:00 PM
From: Joe S Pack  Read Replies (2) | Respond to of 32384
 
Here is a simple algorithm to see what the MMs and Bigboys are doing:

main (input == nothing)
{
While (today == market_trading_day) {
if (bid_direction == down) {
MMs are lowering the bid;
Bigboys are diping in;
}
else {
action by individual stock holders;
}
If (current_action == sudden_crash) {
- use crystall ball and say the price will be
$2000/share in year 3000 A.D;
- there will be big announcement in near future;
}
If (activity == normal) {
- talk about world;
- talk phlisophy;
- talk politics;
- go fishing or rabit hunting;
}
} /* end of while loop */
} /* end of main program */

Disclaimer:

This algorithm is neither copy righted nor patented and anybody can
freely copy and extend (as Microsoft often does). This author bears
no responsibility for any material or other loses that one may incur
due to use of this algorithm. However, if you make tons of money please be considerate and try to send me a bottle of redwine and
spend a few thousand dollars for charities that concentrate on
deadly trumors or obescity or any other decease.

All the best.
-Karun