QQQ & DIA - chat & chart Message Board

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Pastimes : QQQ & DIA - chat & chart

QQQ 585.67

-2.4%

Nov 20 4:00 PM EST

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To: Jon Khymn who wrote (52)	4/18/2001 12:10:19 PM
From: Jon Khymn	Read Replies (1) of 795

Aaaaah, that explains it all! Wondered why the chart acted up so strangely past week... My theory: As the earning looks really ugly, the big boys got the tip one week before the Fed cut. So they decided to scratch each others back, you cut 1/2 pt and I'll start buy and pump the market and we all can avoid melt down... Two days of sudden jump, that's when the deal was cut. Didn't have time to add any more calls, sold 3/4 of it this morning, help covering most of the put losses.

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