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Re: MLK post# 7003

Wednesday, 06/20/2007 5:10:36 PM

Wednesday, June 20, 2007 5:10:36 PM

Post# of 9101
You don't have to agree with my theory. I have been a trader for several years, formerly, that was my job. I understand the mechanics of how stocks trade.

We have not seen any type of volume day in weeks, aside from the pop during the conference call.

I suggested that some of the selling is due to those with positions not willing or wanting to wait until the next quarter or two to see returns. Remember, the market has been on fire for the last year and if your money has been in TKO you have have not participated with the rest of the market. I also suggested that stops may have been hit under 2.00. This can trigger a sell-off that lasts for days, depends on who is selling and how their risk-management officer (in the case of an institution) wants to deal with it.

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