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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (13659)2/5/1999 9:37:00 PM
From: Instock  Read Replies (2) | Respond to of 29382
 
Ken: If nothing else, it was fun watching PQT move all over the place. I have done some day trading in my time and feel I have a pretty good feel for what is coming up in the next hour or so. This stock had me confussed all day. The Noon rush of buyers was late, the morning rush lasted a bit longer then normal, the close of day rush was late but and much faster then normal. Everything in between was a guess.

At one point I figured I had blown it, then it came back ( later then it was suppose to ) . It was all over the place.

I think quit a few short sellers held over the weekend, which could work in favor of the LONGS Monday when they are forced to cover.

This weekend Media attention of the stock should be very interesting!
Monday morning should be almost a repeat on Friday morning. IMO

Lose, gain or draw, this stock has been fun ( for me at least ) to watch.

Wish I had gotten in a day earlier! Oh Well...

Now I see talk of a Schwab / PQT rumor. This could be interesting!

Instock



To: Ken W who wrote (13659)2/5/1999 9:48:00 PM
From: RADAR )))  Read Replies (1) | Respond to of 29382
 
Ken W.

I sat at the screen all day with my finger on the reset button and watched most of the transactions (refresh every 10 seconds). I think the MM's were having their fun with the volume... running the price up to 7 1/8 then dropping down to the low 5's. I was lucky enough to sell this morning when price started to fall off early (remember last nights "lesson")and bought back in after it bounced off of 5 back to 5 9/16. Then sold when it got to 7 3/16 but bought back in at 6 15/16 hoping for a late afternoon finishing bounce - which it didn't do. All in all not a bad trading day, but the MM's kept it in a trading range below yesterday's high. Think they might be adding shares to their accounts for next weeks news release?

Where is Sergio, Cary and Mike. They take an early siesta?

See you ealy Monday morning before showtime.
RADAR
RADAR