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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 23.96+6.0%Nov 21 9:30 AM EST

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To: Elwood P. Dowd who wrote (1299)7/12/2002 1:54:14 PM
From: PCSS  Read Replies (3) of 4345
 
some pondering (NOT pandering) about what Art Cashen said on CNBC about 1hr ago:

'the Day-traders & some Hedge Funds are running THIS market --- they watch the news (& CNBC) and trade (sell-short or buy) based on the perceived 'news' momentum or their based-on-position needs) ... it's sort of like a cabal (unofficial/uncoordinated) --- feeding on each others taught/learned (similar) teachings/lessons.' --- this is a paraphrase.

BOY .... DOES THIS SCARE ME !!!!

WHAT are your thoughts ???
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