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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: James F. Hopkins who wrote (12045)7/18/2001 5:56:16 PM
From: donald sew  Read Replies (1) of 52237
 
Jim,

Now I got it straight with IBM's afterhour's price. Although it doesnt look good with IBM trading down, I would not be surprised to see them prop the market up some tomorrow - how successful will they be, heck if I know. Also we still have option expiration. If there are still alot of profitable JULY PUTs, then they may also need to prop the market up.

If the selloff doesnt continue this week, could be setting up for some possible nastiness next week.
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