To djane & Thread: My apologies. But hear me out...
Yes I did get over excited. Yes I will tone it down. No, dont mortgage your wife, but everything else goes <VBG!!!>.
I just never expected an industry explosion like this in my lifetime. This article you posted, on a week like this week, validated everything i have been hoping/thinking for. I thought I won Powerball. Now I can invest MUCH more comfortably. Am I reading way too much into this?
I just came back from dinner and my theory on today's action is this:
remember the unexpected rise in CSCO when FORE, XYLN, and ASND all announced earnings. We probably thought that CSCO investors thought their quarter was in the bag even though they have given little guidance. So, when CSCO and LU peak, the big boys start a selloff in CSCO, LU, and other ancilliary stocks to get individual investors to spook. The II's continue the selloff with institutional help for insurance to drive the OPTIONS down. Meanwhile, the MM's and institutionals already know about this AP report, feel good about the option exposure, and pour it into options. After the downdraft is complete, probably today, they will validate the report, say how networking is in MAJOR demand, buy large chunks initially to get the bump, and voila (sp?) you have just cleared a MOUNTAIN of cash on options! Plus your stock is rising also! A double steal!
I plead for serious critique of this theory.
P.S. I will also refrain from stupid frivolous postings and let people with good info post instead. I have posted WAY too much. I just love this msg board.
Pete :o) |
