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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (46195)3/7/2000 12:43:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 94695
 
>At this point, no DOW stock except Intel is respecting any supports.

Considering that Intel publicly got spanked yesterday by AMD in the race to 1GHZ, the only possible reason for Intel's strength today would be an announcement after the bell of a 2:1 split. I'm buying a boatload of 5 point out of the money calls right now. Easy as taking candy from a baby.



To: sandeep who wrote (46195)3/7/2000 12:44:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 94695
 
GE at 131 1/8 right now, down 6 7/16.

But hey, that's a rummy old economy stock that makes money. Who gives a flying flip about that?

We want expanding losses and massive insider sales, stock splits, and ad-bartering phony revenue! Those are all the things that matter in the new economy.