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To: pinhi who wrote (8489)3/21/2000 12:11:00 PM
From: Jim Willie CB  Read Replies (6) | Respond to of 35685
 
money flows into options prior to common shares
bigboys dont get conned out of shares often
great bighands tactic is to stick with option calls
then they get their buddies to buy big blocks of shares
end result is staggering profits in shorterm

two kinds of down moves for strongarm stocks like ELON
1. big selloff followed by slow slide low volume retest of lows

2. big volume selloff followed by bigger volume recovery, resulting in sharp intraday techincal reversal for the day

my best guess is scenario #2 is at work
they usually dont provide a second chance at those lows

/ Jim



To: pinhi who wrote (8489)3/21/2000 12:22:00 PM
From: Getch  Read Replies (2) | Respond to of 35685
 
Have to admit to being even more amazed with Voltaire than before, which didn't seem possible.

Bought CREE last week and covered. Have watched its yo-yo with detached disposition.

Bought ELON couple weeks ago, uncovered. Have felt every rise and dip (today, plunge) in my stomach like the roller coaster it is on.

The difference in stress levels is amazing. Exactly the point Volt has been making the last month, driven home now as only a real life example can do.


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