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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (6148)	10/12/1998 2:16:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

David -- I just exited my long futures trade at about break-even Not so much that I have a sell signal--as much as the continued weakening in the BKX makes me wary of staying with the trade.

To: Alan Smithee who wrote (6148)	10/12/1998 2:41:00 PM
From: SBerglowe	Read Replies (1) \| Respond to of 44573

I can't find news on WFC. Can anyone here enlighten me as to why the stock reversed so sharply. Thanks.

To: Alan Smithee who wrote (6148)	10/12/1998 3:16:00 PM
From: Kevin Walsh	Respond to of 44573

Hi David, I just happened to see the 2.5 mil block pass on quote.com's applet chart. WFC went from 333 to 315 on that trade. According to Bob Pissssssssani's 'reliable source', WFC sold the stock. He mentioned that WFC's been buying back stock and thought that they may bought too much. They needed the cash to finish the deal with Norwest (if I remember right). Yeah right! Hmmm...so that explains the almost 50 point move in WFC from Thurs lows. Take care, Kevin