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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (23967)8/11/1998 4:52:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
James: I would say that most likely it was an opportunity for S/MMs to distribute stock accumulated. Generating a rally to sell into and ultimately selling short at or near the top of the rally, to supply additional demand.

BWDIK
Regards,
LG

PS: Got to unplug for now.



To: James F. Hopkins who wrote (23967)8/11/1998 6:00:00 PM
From: Don S.Boller  Respond to of 94695
 
Jim: "I DIDN'T BITE...DID'T EVEN NIBBLE",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
As you know, I am a long term investor - not smart enough
to beat the game trading...guess you "all" think this IS THE
TIME to pitch my entire stock portfolio overboard................but,
after paying the taxes, vigorish, etc., ....I wonder.......................
BWDIK
Best,
Don