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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (1526)	4/1/1999 9:23:00 AM
From: KM	Respond to of 1729

I saw a classic example of that yesterday. INKT gapped up at the open, went to 88, and was sold pretty heavily. It came down to 82-81, which a lot of people are looking at as the breakout point, and then, they zipped through all the bids in one swoop down to 80 15/16. I had gone long at 81.5 and it nearly got me, but within minutes, it was back over 82 and never really looked back. It's nerve wracking to watch them do this, isn't it <G>? P.S. I liked the trading in DRMD yesterday, long that now.