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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 668.73

+1.5%

Nov 24 4:00 PM EST

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To: Clint E. who wrote (27404)	7/21/2000 1:59:48 PM
From: Suresh	Read Replies (2) of 68279

Hi Clint, >Can you figure these stocks out? One minute you look VRTA >is in low 70s. Sometime later, high 70s I just pray when I initiate a position. These stocks move multiple points with an order for 1000x shares. This market is quite amazing to say the least. I had purchased some cheap puts of TERN when it was trading around 73 (July) and it had dashed all my hopes for any recovery when they ran TERN to 80. However, after the blowout (as analysts say) earnings of TERN... it has turned into pot of gold. I am hoping TSTN will have the same reaction as others to the secondary announcement which will come out Monday or Tuesday. I still haven't built a full postion but will add another slice to my position if it drops on Monday. BTW, who the heck is buying all these highfliers which have almost doubled in 4 weeks ? Later, Suresh

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