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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (23906)12/4/1998 11:46:00 AM
From: Woody  Read Replies (1) | Respond to of 79227
 
AKLM, Ivan I have a hunch that MMs shorted this puppy above 10

I have no real way to know but last Friday and Monday ( after it was above 10 ) blocks at the ask came through but with little or no price
movement - hummmmm. Now this week ( because of the down market ) they
slowly cover ( after a point or so ) instead covering all one day and running it the next - notice how the price bounced off 8.62 ? Well hopefully MMs are long or will be soon and AKLM is headed back to 10 and beyond.

Just an Observation

Woody