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To: Wayne Rumball who wrote (275)5/10/1999 7:16:00 PM
From: witurac  Respond to of 3519
 
I ain't excited it didn't make me rich at it's high and it won't break me at 0.



To: Wayne Rumball who wrote (275)5/10/1999 10:01:00 PM
From: LANCE B  Read Replies (4) | Respond to of 3519
 
LET'S PLEASE PUT THIS IN PROPER PERSPECTIVE...
there was no sell off,the walkdown was not done
because of selling pressure....take a look at the
transaction log and time of sells ,they were panic sells
that were caused by constant pressure of mm not bringing the price
back to where it opened...we all know that mm control the outcome
no matter what we believe,but i now follow stocks for major walkdowns
on day 3 of their runs,and this fell right back into that picture....



To: Wayne Rumball who wrote (275)5/10/1999 10:24:00 PM
From: makin_dough99  Read Replies (1) | Respond to of 3519
 
It did seem today like a seller was in our midst - I don't believe it was an MM driving it down for no reason - and I don't think these MMs are shorting a possible "high flyer" like this one.

It is possible they did a great headfake, and started the panic sells, but I don't think that is the only thing that went on today.

We shall see - if there is a seller, the continued buying pressure should take him out soon.