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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Starduster who wrote (44)12/2/1998 9:24:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
WAVO, yes. Here is what I wrote on TMex's board:

whipsaw (20304 )
From: Rande Is
Wednesday, Dec 2 1998 9:05AM ET
Reply # of 20330

WAVO: Don't believe everything you see. Yesterday's volume was more than internet
traders. And when the brokerages houses have to downgrade in order to get shares
cheaper then disclaim their downgrade. . .that indicates they may have some big clients
wanting in.

Perhaps the best play was sell 10 minutes after buying yesterday...or just before close.
But then again, MMs work for brokerage houses so they will do as they are told, IMO.
We all should know better and should already have our profits.

But this mornings downticks could be nothing more than a head fake to shake out the
weak hands. I can't help think of that volume. BAMM was similar volume and trading. .
.and premature downgrades. Interesting none the less.

Rande Is