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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: InOverMyHead who wrote (15799)5/25/1999 4:33:00 PM
From: Joe Copia  Respond to of 25711
 
That gap down at the end for VTPI makes me a little nervous about the AM. Was there a big sell or is that just an MM maneuver?

I wish I knew. One never really knows but with experience and gut instincts one gets better.

CDNO was a great example. I bought shares @ .20 (NITE was on the offer) and he stopped me out @ 10k shares. He then raised his offer to .21 to see if anyone would chase. I did not nor did anyone else and he then lowered his bid/ask to .18 x .20. I tried for 10k more but he stopped me at 5k and then went to .20 bid.

Go figure.

Joe PTG&LI !!!