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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: David Harker who wrote (9482)4/28/1999 11:21:00 AM
From: Dave Triplett  Read Replies (2) | Respond to of 10072
 
Watching real time tick by tick (time and sales) I see every buy and sell unfold daily. For over a year I have watched the shorts attack and drive the price downward. The Bears (includes market makers) have been stronger than the bulls. If bulls are weak then money will be made...DUH...by those looking for lower prices.

In response to your comment...I see lots of sells come in waves.
An example would be that for a few days buys and sells are about equal and then Pow! a rash of sells.
10:59....15 sells, no buys.
From 10:20 till now there were over 100 sells and 34 buys.(downward pressure)

Why doesn't the price go down then. Because someone keeps coming in with large buy orders. Of course there is a lot more going on behind closed doors.