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Message: RE: The reason for the delay IMO was the J5 settlement

RE: The reason for the delay IMO was the J5 settlement

posted on Oct 24, 2005 01:36PM
I thought I heard or read somewhere there was some accounting change that held it up - could have been blue smoke BS....Fut, you around?...have there been any changes that would hit in this timeframe?

Interesting trade characteristics today - I noticed they woked hard to beat this down to .08 - did it on little volume, held it there, then ran it up to .09 on about 80-100K in incremental activity. After about 1.3M more of trading, they kept it between .095-.099, then they finally let it go over .10, with the last 10 minutes closing at .104...not very linear in nature. Don`t know if it was tied to just tree shaking, or what.

Tomorrow?...I was looking for a bigger surge at todays` end, but still hoping for a .12 day on Tuesday. I suspect a flipper`s paradise, but like the sound of a settlement prediction....on 2nd thought - nah, can`t be that easy.

Regards

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