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To: patrick tang who wrote (16278)1/5/1999 4:51:00 PM
From: Dawgfool  Read Replies (1) | Respond to of 25814
 
Patrick, you could be right but three times normal volume is like three times normal volume.



To: patrick tang who wrote (16278)1/5/1999 6:04:00 PM
From: JC Jaros  Respond to of 25814
 
I suspect the funds knew this last year but did not want to have LSI on their books for year end for appearances. Today's volume is not too big, if tomorrow's volume is big too, then .....

patrick tang


I just happened to catch this thesis a few months back on this thread.
I would like to thank whomever at that time, planted in my brain, the notion of fund managers selling off LSI at year end (and presumably piling back in in January).

I followed those (fund manager) rabbits into their hole on the afternoon of New Years Eve and took a fairly substantial LSI position at $16, raising cash from selling NOVL at $18 something.

I don't normally 'trade', but rather buy and hold, religiously.

I am very pleased with the year to date gain of my new LSI position. :)

JCJ