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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: I. N. Vester who wrote (30511)2/16/2002 10:35:41 PM
From: ajtj99  Read Replies (3) of 99280
 
BRCD was a good example of manipulation due to options expiration. It also touched the neckline of its H&S and appears in the drop from that. It will be interesting to see how support around 29 is handled. If it breaches 29, it should head to 26.50-27 in short order.

The drop from 35 was due to delta hedging by the MM's, no doubt about it.
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