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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (9337)2/16/1999 9:21:00 AM
From: Daflye  Respond to of 12039
 
Just an add on to the "gap up". When there is either a pre or post market pop-sitive announcement that creates a large order imbalance to the buyside, on the NYSE the specialist needs to collect inventory.
He/she will raise the share price up to attract sellers and get some shares in play.
D



To: Richard Estes who wrote (9337)2/17/1999 3:11:00 PM
From: Michael Olds  Respond to of 12039
 
Sorry that this is delayed Richard. Thank you for your helpful explanation which seems to make sense.
Best Wishes, MO


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