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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (7659)10/12/2000 4:34:00 PM
From: CAtechTrader  Respond to of 65232
 
I believe the fund selling is about over, 2 days of this size, can't be much left to sell in there 2 funds. The market makers have killed these funds, refusing to take any size except for on major downticks and then soon as the fund stops selling the MM's take it down more on small selling to get in even cheaper...LEH is especially a pro at working QCOM this way, at the end of the day it looked like LEH was buying for its own account. I think LEH likes to have QCOM inventory 62-65 area, they sure bought the hell out of it there last time.