Picks, Pokes, Pigs, Porks & The Penis Envy Trade of the Day! Message Board

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Strategies & Market Trends : Picks, Pokes, Pigs, Porks & The Penis Envy Trade of the Day!

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To: Jorj X Mckie who wrote (48)	12/16/2000 12:44:05 PM
From: John Pitera	Read Replies (1) of 111

If you get a chance pull up say 5 minute intraday bar or candlestick charts on FLEX and EXDS Flex on Friday went from 25 @ 1 PM up to 32 by around 2:30 and then just collapsed to 26 before recovering to 28 or so by the close. very erratic. and EXDS ran from 26 at 1 PM up to 34 by the close. Must have been options related..... there was over 3.7 million shares bought in the last 5 minutes. SUNW had a big reveral rally during the day but it was more orderly in my opinion. It was interesting the day we topped on Monday, My screen was a sea of green for the tech darlings except for JNPR, BRCD, ARBA, SDLI and JDSU, It was like the really cutting edge bellweather stocks were giving us an early indication that the smart money knew this market was topping out...... If you can pull up 5 minute charts that can go back up 6 or 8 days, check it out. Anyway it's interesting to see the selling in those names into the close on monday. John

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