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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (737)4/23/1998 1:09:00 PM
From: HeyRainier  Respond to of 1720
 
[ SNRS ]

Hmmm....

It appears that some of the larger traders are sharing my sentiment about holding back until price stabilization materializes:

At a volume of 403,900, there are 1,466 trades executed, for an average trade size of 275 according to the real time service I am using, which is significantly lower than the ~1000 share block averages I regularly saw when the more significant players were involved.

Almost everyone playing this is a small player it seems...

Take caution and try not to look too deeply into the significance of today's muted advance.

Regards,

Rainier