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S&P 500
5,460.48
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-0.41%
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US TECH 100
19,181.60
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-0.43%
)
Dow Jones
39,118.86
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84.85
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0.00%
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0.54%
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johnny2525

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johnny2525

Re: 4keywest post# 23613

Tuesday, 09/30/2008 10:26:15 AM

Tuesday, September 30, 2008 10:26:15 AM

Post# of 27909
Has the thought come across your brain that maybe the longs own a majority of the shares and since we arent selling, then the volume is naturally going to be low. We are down 18% on 500k traded. Seems to be that you have some people running for the exits but other then that everyone is holding tight until news hits. Lets assume that we get news this week and that the longs here belived that to be the case, then what would we get out of selling at these levels. We would be better off financially waiting a few days.
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