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wavxmaster

10/28/03 12:54 PM

#15360 RE: Bluefang #15356

Blue

You write:

"However, on the main point--if some of these IT types were buying and holding, the price goes up unless it is offset by a greater number of shares selling. Millions of shares are traded back and forth, but the ultimate truth of the market is that if more shares are bought than sold, price moves upward. The reverse is equally true unless there are some machinations."

You must view your simplified rational over a longer tme than 2 or 4 weeks or whatever time period suits your purpose!. Go back a couple months and you should clearly realise that Wave is trading consideraly above the $.85 it had traded for pre Intel and IBM announcements!! How could you possibly think that there is more selling than buying when Wave is now trading 300% above where it traded less than 3 months earlier. You are far to smart to post such nonsense!
Wavxmaster