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.
Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (4528)8/25/1998 4:17:00 PM
From: shasta23  Respond to of 8359
 
WOW...what a quick answer! Were you lurking while i was typing? Let's hope you're right on the 27...would be quiet nice...maybe tomorrow?!?!?!that would be something! ;-)))
Stefan

P.S.I'm not a stockverteran like you. So a question: could this considered a "CAPITULATION" in the end as a reversal sign(hopefully)?



To: TokyoMex who wrote (4528)8/25/1998 4:18:00 PM
From: John S. Baker  Read Replies (1) | Respond to of 8359
 
The buying in the last 16 minutes of the day was pretty impressive, too -- well over a million shares in 16 minutes, most of it on large lots.


What is the word for "panic buying"<grin>?


<correction> After reviewing the T&S it appears that the transaction sizes were *not* particularly large. So I now reckon that it was daytraders who had gone short and were trying to close out their positions -- caused the appearance of panic buying.


JSb.