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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (478)8/15/2000 10:16:08 PM
From: Tim Luke  Read Replies (5) | Respond to of 8686
 
jill,

in todays market you have to buy the leaders..mary meeker (internet analyst for morgan stanley) made it very clear and i agree..."if you are going to invest in internet or internet related stocks you must pick the leaders in their sectors"...so true..this is not the market of old where you buy ibm put you feet up and count your profits....even intc admitted they cant and wont compete with exds...ellen hancock is sitting in such a powerful position now..she is heads and tails above anyone else in this sector...they are signing up new contracts left and right....she is one sharp lady indeed..they have all the momentum going for them...they dont need to get bought out to survive like so many other companies and im quite sure there are many big companies that would love to own exds..and if she was to sell this company it sure wouldnt be less then 100 per share...that is the beauty of this stock...they dont need a buyer to make it...they already made it and leaving any competition in the dust....now back to the shorts...yes i keep harping on this but for a reason...im well aware of how this game works and let me shed some light on it..

days before arba reported earnings it traded in the low 90 range..everyone on the yahoo arba thread was worried.."why isnt the stock moving up""??...simple...the MM's were sitting the trap for a squeeze..i saw it coming and loaded the boat..i warned and warned the shorts over there for days..i was called many of the same things you will hear called about me here.."hyping the stock"..liar ect ect...that is such a joke...yeah let me hype a stock that trades 6 million shares a day..i can move it by my words..give me a break...
its no secret that i dont like short sellers..most of them are low life scum bags who sell a stock they dont even own then bash the hell out of it...

i will take all the abuse they can throw at me but in the end i will crush them...so back to arba...i smelled the squeeze.the stock was being bought like crazy but never moved higher...why??? BECAUSE the top mm's were buying up blocks for their own accounts....like snakes in the grass waiting for the right mix to cause a squeeze...heck everyone knew they would have great earnings..and that was the mix for the squeeze...after they reported the stock flew in after hours...then it opened the next day and the sqeeze hit sending the stock to 126 and then to 130 the next day....that my friend is what you call a classic squeeze...40 points to be exact...

lets say im market maker X and i buy up a 100 k block at 90...and my fellow mm's do the same..we sit on the stock..then once the news hits we let it go....well geez i know have 100,000 shares to sell into the covering..the offer moved up so fast on arba orders had to be put in 2 points above the ask just to get filled..."the perfect squeeze"..

now for exds...here is a stock that imo mirrors arba...momentum...sector leader...great ceo...stellar future...now throw in over 15 million shorted shares...how can the mm's pass this up??..they cant...they will work a stock against the longs and they will work one against the shorts..its just business...

now i can only guess to when i see a squeeze coming..i was so right on the money with arba and everyone in the chat room did very well and had a taste of a major short squeeze...so when??..my guess is that it will happen between the 22nd and the 25th....alan greenspan imo will NOT raise rates and NO its not priced into the market...we will rally to new highs...over 12k in the dow and 5k in the naz....

what you saw this afternoon was a major headfake and you will see more of these until the fed meets on the 22nd..then all hell will break loose and up we go....

disclaimer:

the above statements are of my opinion only and in no way suggests a buy or sell in any security...everyone must do their own due diligence and never rely on someone else for your investments...