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To: Dr. Stoxx who wrote (2912)7/21/1998 3:24:00 PM
From: Patric  Read Replies (2) | Respond to of 3563
 
This much volume at these price levels makes me nervous, too, although osci's theory may explain those big block trades and the rest could just be nervous traders taking a small profit to avoid the risk of disappointing earnings. N'est-ce pas? Someone on one of the threads I've been reading (yours, perhaps) doesn't ever want to own a stock on the day its earnings come, and given my experience with earnings disappointments that may not be a bad rule for a short-term trader to follow.