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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (5539)1/6/1999 2:05:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Get out of IOM

Massive short covering going on - will retrench in moments.

I was clicking though my stocks when I saw IOM up an eigth, and then another, called the broker and the scolling Sales window just strarted screaming past with huge 10-40k buys, but the price peaked and now is slowing down to about 8.625.

On the other hand, trader action might pick up now for a bit to get a good exit today.

ls