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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: djia101362 who wrote (22469)	5/10/1999 3:58:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

--OT-- Morgan, you should have kept your SFE...short squeeze is helping out big time today!!! Teflon

To: djia101362 who wrote (22469)	5/10/1999 5:25:00 PM
From: Sir Francis Drake	Read Replies (2) \| Respond to of 74651

<OT> My apologies to the board - I was unable to answer questions until now, as I had emergency dental surgery, and was away from the trading at 12:30 EST today. I'm still a bit woozy (had general anesth.) - but I'll try to answer a qustions as best I can... What I saw, was institutions lining up to sell on LII (with minumum display), and they'd send a string of small sell orders; next they'd advertise huge blocks of shares for sale, - the result is that it would spook traders and the price would plummet, on relatively few shares, because the'd quickly pull the big shares advertised. The giveaway was huge BUYS on INCA and BTRD, as soon as price went down. So, sell a limited number of shares in a pattern of breaking upward momentum - POSTURE with big blocks apparently ready to sell, and that let them do the real big buying through anonymous ECNs when panic drove the price down.