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


To: Bonnie Bear who wrote (15091)3/16/1998 9:38:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 94695
 
Bonnie
JPM gapped up
some kind of rumor was going on...

what makes you think that someone was propping it up

the end of the day transaction??

i dont have tick by tick but quote.com is showing 54,300



To: Bonnie Bear who wrote (15091)3/16/1998 10:48:00 PM
From: P.Prazeres  Respond to of 94695
 
bonnie,

i believe there were "takeover" rumors about JPM today and also an analyst raised its price target to $175...but there are alot of calls at the 120 and 125 area for march and it would be easy to get them to expire worthless...

Paulo