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To: jopawa who wrote (7868)10/4/1998 8:41:00 PM
From: wily  Read Replies (1) | Respond to of 93625
 
To everything you said: couldn't agree more. Different people see different things and have to trade on that. That's why two people on the opposite sides of a trade can both come out winners. It's a time-frame kind of deal.

I wonder if people were buying the market bottom on Friday--I guess it would have to have been that since they were concurrent. Big money (big, as in 4000-5000sh) showed up at 57. I had my finger on the trigger... next time

Still, it was moving down real fast when the big money came in, I wonder why they chose $57? Maybe they figured that is where they would start buying and add lower if the opportunity pesented--you've got to start somewhere. Jim Cramer says this is the strategy used by the 'big boys'

wily