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To: John Graybill who wrote (50307)1/12/2000 11:49:00 AM
From: Land_Lubber  Read Replies (2) | Respond to of 53903
 
John,

What a rise from 1030 on no volume. Looks to me like the index funds are buying SOX and S&P500 (etc.) components with market orders and the specialist is handing it to them at his price.

What was that rule of yours about "forced marches"? Do they often end with a retracement?

Land_Lubber



To: John Graybill who wrote (50307)1/12/2000 12:29:00 PM
From: Michael Bakunin  Respond to of 53903
 
[OT: INTC earns]: dunno what 'they' have been told, but I will be picking up some sell-the-news Feb puts today or tomorrow. -mb