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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: chichi who wrote (6827)2/9/1999 10:06:00 PM
From: joshi  Read Replies (1) | Respond to of 7841
 
It wasnt the sellers folks. It was the lack of buyers that caused the drop in the last few minutes. Conspiracy? HAHAHAHA Please! SEG will be back at 37 Tom. Good luck all



To: chichi who wrote (6827)2/10/1999 1:35:00 AM
From: William Epstein  Read Replies (3) | Respond to of 7841
 
chichi;

No I did not notice. I was watching one stock. I watched it second by second for 25 minutes. While volume during that time was not insignificant it was the lowest during that period compared to any period of the day. That drop during the last minute was no random lack of buyers. The specialist could have closed however, he remained open for business until 4:03 PM. My program checks the time of the trades too. There was no logical reason for that drop. Not explainable by volume imbalance. I posted my findings shortly afterward. I also said, I was very suspicious. I have said,this before. This specialist conducts selloffs under the cover of a general market selloffs. He is very clever. Anyone seeing it for the first time might not agree but after 2 years I have seen him do it several times and indeed, I predicted it weeks ago. That is his pattern. I still believe we will see something unusual tomorrow.
PHOTOMAN