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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (56755)10/16/2002 4:07:49 PM
From: JRI  Read Replies (1) of 209892
 
My inner Fleckenstein baby is screaming that the rise was due to da options' boys (including Buffett rumor), that they held it up yesterday (to distribute), that they knew Intel's earnings would suck (so they had to start option ex rally early and hard), that they gleefully shot market up at close yesterday (extra icing on cake), and that they cooerced the idiots on Wall Street to buy the double-bottom theory, so that J3P will sell their bonds and get their arsh in stocks ("buy the dip is BACK)....and that today was a classic bagholder day...

I don't always listen to little "Flecky" however...
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