Trading with Jerry Olson(OJ) Message Board

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Strategies & Market Trends : Trading with Jerry Olson(OJ)

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To: Jerry Olson who wrote (1591)	8/1/2005 5:43:27 PM
From: 2MAR$	of 1617

not sure how serious these jokers are on ISLD now , flashing 10K and 20K buy orders for MXIM after its report tonight , its pretty well balanced and could go up slightly tomorrow with similkar action to KLAC last week . But @ $44 would think MXIM would be pretty fully valued, especially when they announce that backlog has slid. Its now made it back up past the 200, but it will be at $53=55 or so it reaches traditional highs . $45's + should prove to be 1rst R . stockcharts.com[h,a]waclyyay[pb50!b200][vc60][iUc20!Lb14]&pref=G eBay leading the way again huh ? Nice to trot out eBay on a monday . I'm going to be really astounded that they could pull of another overbought market getting more overbought after this period of sideways action and pause . But whatever the big money wants , its their game and they've done it before squeezing the crying shorts everywhere . Think they would takes profits gradually on the quiete during this summer happy time , but who knows. They may want to get it up a little farther, a lot of money out there with nowhere to go. <g> ;)

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