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Strategies & Market Trends : P&S and STO Death Blow's

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To: Rich1 who wrote (16747)11/23/2002 8:20:35 AM
From: quasi-geezer  Read Replies (3) of 30712
 
<<Heard on the radio last night from an old TA guy (he has been in the market over 35 years) that there was massive call buying by instituitions Thursday and Friday.. >>

then who was taking the opposite side of those massive call buying ... the market makers ???
the market makers are not here to lose money or else they will be out of business long time, and if I have to be on one side or the other, I would be on the side of the MMs...
in conclusion, market will go down big time and all the calls are toast ...
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