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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (51663)	9/8/2000 11:45:39 AM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

Thats what I was going buy is that P&F doesn't think it mattered. Oh well I was just throwing out some food for thought as it is a slow day. I got a crazy theory about today....you will think I am nuts. I think today is the funds settling their Sept. options early. Yeah I know crazy but I never claimed to be smart. dawg

To: Jorj X Mckie who wrote (51663)	9/8/2000 12:03:17 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 63513

Which Tom? I think volume is important depending on what analysis tool you are using. Ladies and Gentlemen, Welcome to Power Lunch. This is Tom X. McPisani reporting live from the Nasdaq stock exchange. Today, we start with the ten most active stocks on the exchange. That's right, folks, the ten stocks with the most VOLUME. Volume is really, really important. So important that it dwarfs any other tool available to me. We start with Cisco Systems. Look at the volume on that baby! I'm not even sure what business they're in, but who cares. People are buying this stock. So far it's down 1 and a quarter, but with this volume it is sure to make a meaningful move soon. Next we turn to Commerce One. I love stocks with the number one in them. Did you realize you can count to one using a variety of tools??? And I don't mean just your thumbs. Commerce One has had volume over 15 million shares per day lately. The trades have totalled over 1 billion dollars per day. That's real money, and real volume. Technical analysts tell me that this is significant, so keep a close eye on that one, yessirree. Finally, we have astounding volume on Intel. I think they are in the telephone business judging by the name, but no matter, this is a screaming buy. Just look at that Volume. I just can't contain myself any longer, I .... I ..... I ..... <runs offscreen for about 30 seconds, during which muffled sounds are heard and then the microphone goes dead and camera cuts to Maria B.> Well, folks, Tom X. McPisani's report appears to have been interrupted ..... we'll try to get back to him later. Meanwhile, my sources tell me there's money coming into the tech sector today ......