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Re: frankiefingers post# 185241

Friday, 07/14/2006 7:24:48 PM

Friday, July 14, 2006 7:24:48 PM

Post# of 286386
It may be JFs hate of day traders. Day traders usually refuse to hold anything over a weekend. This way they will have sold their shares and be holding cash at the bell. Then they will have to scramble if they want to try and run up with a pop.

One trader grabbed 2 million shares just before the bell. Even if the spread is only to .0055 he or she will make $400 off of a $10,600 investment.