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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: cyberman who wrote (2664)	5/14/1998 5:31:00 PM
From: Joe Copia	Respond to of 25711

Do you think there will be an am gap on NUKE tomorrow? On a scale of 0 to 100 I would say NUKE gapping and closing above today's close is 150 !! Joe PTG&LI !!!

To: cyberman who wrote (2664)	5/14/1998 5:35:00 PM
From: xbrent	Respond to of 25711

There is a rumor that major investors have expressed an interest in buying large % of available shares. If that is true, then they would intervene lest the price go up too far. The MM clearly do not have share inventory. They could try a shake at the earliest possible moment, why not. Just start dropping the bid at a high rate and see who bites. Or trade shares to each other to indicate sells and then drop bid and ask. Shorts could also try to drive the price down. If today's volume gets peoples attention and if there are market buys in any quantity at the open the MM won't have shares and we will see quite a gapper.