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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (3309)2/11/1999 4:50:00 PM
From: Tom Allinder  Read Replies (1) | Respond to of 57584
 
PLCO, alright, someone sold 50K at 3:36. This was followed by some small sells. There were several buys at the end including at total of 10,500 between 4:01 and 4:06. Someone dumped their 50K at the low of the day. As ya'll know the stock moves on little volume, so the buying over the last 10-15 minutes really ticked it up. The 50K sell was not worrisome at all as the stock is still above the 9 day ma---we need to be rid of all the sellers, especially the big ones. 50K usually means "smart money" but 50K usually gets out near the near the high...

Tried to call one of my contacts today regarding PLCO; he is supposed to call me tomorrow.

Tom