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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (142040)	9/14/1999 5:00:00 PM
From: D.J.Smyth	Respond to of 176387

Lee, the problem I have with that maxpain chart is that the market makers can transform their positions in two days time to reflect a current price. so the maxpain chart is a "one moment" only picture which has the potential of changing dramatically. although it is clearly possible; as some have surmised, that Dell's stock selloffs prior to option expiration is partially based on the perception that the chart is "true". If the chart at that "one moment" as pictured "is true", then market makers are likely to tend toward that momentum or point. However, since most market makers in Dell have a high limit borrowing power, they can transform that "inflection point" in a day or two; as long as enough work together toward this end. collusion works both ways. Also, with Dell, you have the company "Dell", and you have large individual shareholders, some represented on the internet, who have, at times, acted in concert to form a collusive "market maker" position (ge, starting to sound like Allen Greensperm) I think I'm trying to say that "market maker majority position" rules over maxpoint point. the maxpain point does not always (if rarely) equal the market maker majority position. Isn't this reasonable?