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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (53400)12/10/1999 9:50:00 AM
From: limtex  Respond to of 152472
 
Vol - Remember what I said last night gang, when severe manipulation eases, you will see less boom on the opening and a stronger finish at the close.

Absolutely agree. Same thing applies to the market generally i.e. days when the futures are up big time pre opening. Best days are when you are least expecting it and it is usually a big run late in the afternoon.

Best regards,

L



To: Voltaire who wrote (53400)12/10/1999 9:53:00 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 152472
 
that is because the MM's are trying to bring it down against the market's wishes and against the demand dynamics

they try to bring it down so they can purchase more shares, and at cheaper prices

so expect lower volume in the futile attempt to bring down
expect higher volume after it fails, and even MM's buy
all within the day

a reminder about a dislocation in the system in November:
as we approached Nov option expiration, MM's were deeply short on QCOM option calls... they had to cover... we saw no serious volatility to remedy their situation... in all likelihood, MM's rolled over from Nov to Dec option calls in their short position

THEY WILL NOT WANT TO ROLL OVER FROM DECEMBER TO JANUARY
this could result in added fuel to the Q rally fire soon with Dec options expiring next Friday (5 trading days)

anyone else see Louis Navallier this morning early?
/ Jim