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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (14483)5/20/1999 1:10:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Les: Floor being put in under DELL. 99,900 and 73,000 and 32,000 share bids at $39, whoops the 99,900 bid just disappeared....more manipulation!

Now its back and now its gone....there should be a law...of course there probably is...getting it enforced is the problem!

Anyway, my "end of day" stuff is suggesting that a bottom may be in on DELL, maybe Level II is supporting this...

EDIT: Oh, by the way...before I could post this...all three of the above mentioned bids disappeared! Obviously MMs or ECM is trying to nudge the Market back up without actually buying or they are giving miss-direction preping short positions...

OK, 39 reached....accumulation going on...

Regards,
LG



To: Les H who wrote (14483)5/20/1999 2:06:00 PM
From: Compadre  Respond to of 99985
 
Les: The Semi Book to bill although in very good shape is slightly lower that last month. I guess one month doesn't constitute a trend. And the good side is that we had several months in a row of BTB greater that one, this is a big plus.

Regards,

Jaime