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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%3:59 PM EST

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To: lawdog who wrote (36883)6/1/2000 6:02:00 PM
From: bambs  Read Replies (2) of 77400
 
Lawdog, now that's funny!!!

If the unemployment numbers are way higher tomorrow (which will be a surprise) I will buy long for the quick pop. Although, we could see a sell off no matter what the numbers are. I just don't trust the way these stocks moved up. The bid's were very weak on the semi's I play. MM's holding them up on downticks when the market was falling. Then squeezing shorts when ever the market moved up. I agree the low volume makes the market easy to push up. I think from what I have been watching this market has been pushed up. The MM's on the stocks I trade clearly were pushing.
You just can't fight them though...until the volume comes back hard I think they will push the market over the 200 DMA. Tomorrow is critical!!!!

Bambs

P.S. just wanted to poll the level 2 traders here...I have been noticing lately that INCA and ISLD seem to appear together on the bid on many stocks and chase the offer up with large numbers when ever a stock seems to be squeezing. Is it just me or have others noticed this?...It seems like programmed trading by a MM doubling up with INCA and ISLD to drive a stock. I know that MM's use REDI and INCA but are they now using ISLD with INCA at the same time?
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