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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (18752)1/10/1999 10:04:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

I dont think it was daytraders. The volume seemed to be very voilent and the bottom almost seemed planned. First it went from 186-88 down to 160 or so, then back up to 180 and back hard down to 153 for the low.

As I was sitting there just watching it and nothing else, to me it seemed like there was somthing fishy going on. The drop was in almost points, as the bid kept diving. I dont know if it were tied to the news on that other stock (up 96 points) or if it was just a voilent cycle of everyone exiting.

It is tough making a living on 11 points, you must be buying 100+ shares which isnt cheap! Good play however, there will be more to come. Another interesting thing was that WCOM actually traded more than AMZN did. I was suprised..

I will set the limit at about 190 and see, I can always cancel it of course..

Futures are flat. Do you know any site that has access to instanet trading? Not the futures, but the 4th market trading..

Thanks!