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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked
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To: AUrush who wrote (86494)1/14/2000 11:38:00 PM
From: R.E.B.  Read Replies (1) of 90042
 
I hear ya AUrush.... to tell ya the truth, if I were at my computer when CS hit $28 I would have sold out and bought the March's. Only by luck was I away on an appointment and did not return until 1/2 hour after the market closed.... at least we will see if it was luck or fate come Tuesday morning. Anyway, I was already prepared to flush the 80 contracts and start over again so anything above 75 cents is a gift. My gut feeling tells me that we will have some news. The large trades of 10,000; 50,000; 120,000; 25,000; one after the other, each trade spending over $1 million dollars on CS tells me that someone on the floor of the NYSE and/or the specialist overheard something that caused the big money to jump in. One thing I know for sure, the late market buying was NOT a right wing conspiracy designed to trick us into NOT selling our options, nor was it a coinsidence.
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