SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: SKARLOEY who wrote (20068)7/7/1998 12:53:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 31646
 
This is almost half a day's trading and we already have
half a million shares traded, I expect this dude to trade
over a million shares today, and it usually signifies a
top or a bottom, and in this case, I believe the bottom
will be made today.



To: SKARLOEY who wrote (20068)7/7/1998 12:57:00 PM
From: James Strauss  Respond to of 31646
 
Shorts will try to influence downward price pressure prior to good news being released... This causes uncertainty among the current shareholders who may sell... The selling may feed upon itself to bring the price down considerably... The shorts then cover at these lower prices and start buying... That's why you will sometimes see a stock dip prior to some expected good news, and then rebound all of a sudden... The job of the shorter is to create uncertainty... Uncertainty leads to lower prices...

Jim