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Kylock

04/17/07 4:36 PM

#33203 RE: Rcheco #33201

Rcheco I think todays volume was directly related to many stock holders being frozen out by their trading companies. Scottrade for instance was unfrozen and I think all the flippers and people that were in general shocked to find they could not trade sold hard core. Then when it go low they bought them back up again. What I wonder is how long this wave will take to thin out.
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DaddyCoopDogg

04/17/07 5:09 PM

#33229 RE: Rcheco #33201

today really wasn't a high volume day when you subtract out mirror trades. It was MM's shaking the tree early. I've posted it elsewhere, but 1-2 weeks ago we had about 5 days in a row < or equal to .001 with volume around 700 Million shares total for the 5 days. MM's shook the tree today and people who bought in then thought, "I better lock up some profits before I loose them all" and started selling. Subtract out mirror trades and it was probably 100 million shares today, which is not an enormous day. We've had days over a billion. If I had bought in 1 0r 2 million @ .007 and saw it dropping today and had only been in for a week or two, then I might have sold too?? Today was a correction, a blip in the overall scheme of things. It's happened before and before it's all done, it'll happen again.