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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Michael L. who wrote (11380)	1/28/1998 8:31:00 AM
From: ivan solotaroff	Read Replies (2) \| Respond to of 79262

Michael, Hope you're out of your short/into a long position on this. Looks like it might be a big day for ORCL. I had a drink with a market-maker two nights ago, and after listening to him explain the supply/demand dynamic for heavily traded issues that are gapping or suffering enormously, I've decided never to short a big boy that's in free fall. I will only trade them, short and long, as cats, when--and I imagine Doug knew this when he devised the system--they've left the MM's absolute control and have surrendered to the larger flow of the market order. Until that time, you're not only in their ball park, your head is home plate, and it's, Batter up. Ivan