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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (4441)12/26/1997 12:22:00 PM
From: ivan solotaroff  Respond to of 4701
 
Dave:

The only thing keeping me in was a discrepancy in reporting trades. That's been taken care of now, apparently: There WAS a low of 17/32 hit for the day, around the 87,000s. We're now at 89,400, with 9/16 x 5/8, and hopefully turning the arrow around for the rest of the day. The long and short is that we missed the boat on getting out, which Doug warned me of not once but twice. Michael L. got out in time. I think I see two big block trades, one just over 20K, one just under, that put the kibosh on. That could be anything from profit-takers to short-sellers.
How did Instock put it: An "investment is a trade gone bad"?

Ivan

PS: I'd have to ask Doug (the two short days are a situation I haven't had to account for yet), but I still think SGI is giving a fake signal today.