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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: SteveDavis who wrote (11412)	3/25/1999 4:27:00 PM
From: LastShadow	Read Replies (4) \| Respond to of 43080

Responses ONEM I revisited the tick by tick and 1 minute charts and didn't see any patterned fund buys or any large block buying. The only fund involvement I saw was on the selling side. The size of the IPO is related to the capitalization underwritten by the institutions, and has no relation to number of shares, so I would have to say that I don't "know that most IPO's are for 2.5-4 million shares." But, all in all thats really not material to trading this stock. It opened, rose, fell, leveled and closed about 3 points above the low. It was playable for about 10% max and that isn't bad at all. If tomorrow is an up day, it should rise again and sell off near close. If its a down day or gets some bad press it will sell off after 10. George, I'm not going to debate whether a concerted action by NATO against a bigot and murderer like Milosevic and his henchmen is an act of aggression against a 'sovereign nation' by just the US. And I don't care what Russia says, as they have vested interests in the detrius of their former nation. The death of innocents by ethnic hatred, religious or racial discrimination is unconscionable regardless the boundary. If someone treated you and yours that way, I would support stopping it, although it saddens me that extreme measures might have to be taken. And that, after all, is really the point. Saddam and the Kurds, Bosnians and Serbs, Protestant and Catholics... The evolution of our species to foster humane treatment and respect universally is not easy or quick. And its only so tolerant. last(done talking)shadow