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


To: Follies who wrote (29597)9/30/1998 8:41:00 PM
From: Ilaine  Respond to of 94695
 
Could be, but what intrigued me about the post was the implicit assumption in Mr. Sew's post that it was the result of intelligent, intentional action, as indicated by the assertion that "they" did it.

I have been home sick since the middle of August, spending far too much time watching CNBC, etc., and am just catching on to the fact that there is, at times, concerted action in the trading floor to accomplish ends which seem very arcane to me, causing some of the cross-currents and undercurrents at work in the market place, so I don't discount Mr. Sew's analysis.



To: Follies who wrote (29597)9/30/1998 8:44:00 PM
From: HairBall  Respond to of 94695
 
dale: The NYA did not respond to the 900 point positive tick either. It most likely was just small price moves in the up ticks matched against larger price moves in the down ticks...just that simple!

Regards,
LG