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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (3050)3/26/1998 12:30:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 21143
 
If technical trading is how market makers decide what to do? Then, it is how many people have stock to sell; and how many people want to buy. The market maker pulls back when the new money is exhausted. Then, he/she makes a nice move when stock offered is exhausted. The ebb and flow is a rhythm that is natural; as you look at the 1 minute interval intraday chart. If you are going to make a nice move, insiders can not sell. If you pull back, insiders can always get more stock options; which is how the borrowed stock gets balanced.

Jobs had to sell all his stock except one share, now he is going to get more Apple stock options(at higher striking price when things got better).