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To: marginmike who wrote (22181)1/29/1999 10:34:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 152472
 
<<There is panic buying going on, and for once its not short covering. There is something up!!!!!>>

One thing's for certain; we'll all find out! ; )



To: marginmike who wrote (22181)1/29/1999 8:54:00 PM
From: Maurice Winn  Respond to of 152472
 
"Panic buying"? Hardly. "Panic selling" involves a drop from say $60 to $40, so to get a $2 rise on trivial volume is not a panic in my book. Looks like a normal boring day. Funny that it didn't reach $75 because now there is going to have to be REAL panic buying on Monday to get to $80 on which it should close. We have seen a few panic sellings and $10 overnight drops are the rule. $2 is not a panic up or down. But as they say, '$2 up' is better than an Onager kick.

Mqurice

onager.home.mindspring.com