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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (14919)	3/17/1998 2:37:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 18056

Liquid market is a solid market. Is this statement too fluid? Never mind this cheap shot. Interesting times call for interesting stocks to go up. Aren't we seeing the small stock explosion already? These may seem insignificant but they do matter for the stock market. 1. Abby is cocky again today. She raises the target to 9,200. 2. Joe B. is even coming on to TV without his make-up (I guess he has a make-up kit handy, ready for a TV appearance happens at any time. ala, Michael Dell! -g-) 3. Pete and Eddie are using too many -nfg- and are showing signs of assimilating in to the Borg continuum. 4. one of MMV's friends, a great momentum player, is getting complacent. Last time he was this complacent, it was in Late July of 1997 (and in mid June of 1996.) What else are the signs of top? Here is one: [from Briefing.com] BITSTREAM INC (BITS) 3 15/32 +1 11/32. Once you get a stock to the top of the Nasdaq Percentage Gainers list, it's smooth sailing from there. That is exactly what has happened with Bitstream shares following the company's announcement of a deal with Digital Computer (DEC) to provide DEC the use of its Font Navigator for use with applications running on the DEC Alpha platform under Windows NT. In a matter of minutes this stock jumped from $2.50 to $3.00 per share, with what appears to have been some help from our readers. Most of you probably didn't realize this, but many professional trading houses have software that alerts them to stocks that are taking off on above-average volume. Using this technology, daytraders with hundreds-of-thousands and even millions of dollars of buying power will start scooping up shares of the stock without yet knowing what the heck is actually moving the shares. So now you know, Briefing users have the power to drive stocks even after their buying is done. Which is one of the reasons why BITS shares have soared approximately 40% (on 49 times average daily volume) from the time we posted the news on "In Play."