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Re: Ragnar Danneskjold post# 3243

Friday, 06/17/2005 1:28:29 PM

Friday, June 17, 2005 1:28:29 PM

Post# of 44374
'Ragnar Danneskjold'
YES, exactly what I have been saying. I have no hedge fund friends, but have posted about when you see lots of trades in over 1k size, it could be hedge guys! This became obvious when the 3 days of AH 4100 trades came threw. I knew of this from past experience not frienship. As a matter of fact I think trades 1k to 3k mostly investors, from 2 to 7k mostly hedge and over 7k to be mostly institutions. So your just confirming my take on the fact.

The only reason I'm posting about trade size and number of daily trades is to show the difference in trading from the OTC:BB and the American. There a lot of guys that moved off the OTC:BB for the 1st time, with GTE. They are not use to the different patterns here.

Also it is my take, that until GTE is here a few months we will not have accurate TA. Because the new invertors are feeling out a value level for GTE. As I seen these daily patterns turn into weekly, then into monthly, I will start to use TA more to determine PPs movement.

But for now, I trust the daily trading size & numbers more then the charts, to look ahead.

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