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


To: Steven Messina,L.M.T. who wrote (411)12/8/1998 9:07:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
I smell an MM trap on NAVR.....NAVR CEO said to be tomorrow not today. My feeling is that MMs will turn it short LONG before the internet traders get their chance. I expect the floor to drop on it WAY too fast for the thousands of trades it will take for the I-traders to exit....let alone turn short. Second scenario to milk it for more is MMs turn north allow it to run north real hard. Then pull out the floor with no notice. Suggest being one of the first to leave with profits and move on. Don't walk away on this one today.

Why do I think this?? Because everybody and their brother knows that I-traders want to take NAVR short. MMs are not going to simply GIVE that money away.

Rande Is