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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (1533)	10/24/2000 1:06:15 AM
From: James F. Hopkins	Respond to of 3256

The market works on FEAR and GREED..shorts will try to create Fear..Bulls Greed,, HON won't hold GE down..it's a good deal for GE.. all kinds of stories will try to run things both ways ..but Hon will trade in step with GE.. -------- People think so much about buyers and sellers.. when they also should really look at the average short position vs the average volume. Now most short positions are very short term, last I looked NYSE said short postions were held on an average of a day and a half. Sure some people hold them longer much longer, but market makers and broker dealers will flip their shorts for a 1/4 pt faster than most day trading boiler rooms trade. Even computer program trading is in on it. So take GE ..with something like 27 million shorts and just think they swap hands every day and a half. ( ball park ond on an average )..then something like this happens and even more shorts pile in.. With her average volume on any regular day 90% or more of the volume is nothing but shorts swaping places.. So think of of shorts selling and buying from one another, as that's the way most of the big cap stocks trade. It lets you look at at the market from another angle one that's more real than the ( buyer/seller pablim) It's sell puts, short cover , short cover, sell puts short cover..oh shit we got a real buyer look out. Most of the longer term shorts have puts sold to close the short at a set price. The retail shorters are the mullets the sharks feed on. If you want to play the game their way you sell puts and short..then cover any time she starts up.. but taht's a full time job, and you will be compeating aginst the WAR rooms of most major Broker/Dealers. Who by the way are also hedged with futures. --------- Why does the market go so high if Spam lets the Money supply flow..( well the cost of holding futures comes down as it's connected to the Fed rate ) They buy more futures when the cost of holding them falls hence the price of futures gos UP with new demand and you know what that does to the market. --------- Man they got computers calculating every 32nd they can scalp via long futures & puts aginst a short position. And the window can change in a heart beat. --------- We are just minnows in this sea of money moving.. BTW GE has traded up to 50-7/16 at 6:38 pm. Jim

To: Captain Jack who wrote (1533)	10/24/2000 1:20:16 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 3256

The market feeds on FEAR and GREED..shorts will try to create Fear..Bulls Greed,, HON won't hold GE down..it's a good deal for GE.. all kinds of stories will try to run things both ways ..but Hon will trade in step with GE.. -------- People think so much about buyers and sellers.. when they should also really take a good look at the average short position vs the average volume. Now most short positions are very short term, last I looked NYSE said short positions were held on an average of a day and a half. Sure some people hold them longer much longer, but market makers and broker/dealers will flip their shorts for a 1/4 pt faster than most day trading boiler rooms trade. Even computer program trading is in on it. So take GE ..with something like 27 million shorts and just think they swap hands every day and a half. ( ball park and on an average )..then something like this happens and even more shorts pile in.. With her average volume on any regular day 90% or more of the volume is nothing but shorts swapping places.. So think of shorts selling and buying from one another, as that's the way most of the big cap stocks trade. It lets you look at the market from another angle one that's more real than the ( buyer/seller pablim) It's sell puts, short cover , short cover, sell puts short cover..oh shit we got a real buyer look out. Most of the longer term shorts have puts sold to close the short at a set price. ( big institutions and funds often BID & BUY a large quanity at a reduced price from the current market by their shear buying power..Broker/Dealers will take the price down to get to that BIG buy order ) OR UP to get to a BIG sell order. The retail buyers and shorters are just mullets the sharks will feed on if hey get in the way. If you want to play the game their way you sell puts and short..then cover any time she starts up.. but taht's a full time job, and you will be competing against the "WAR ROOMs" of most major Broker/Dealers. Who by the way are also hedged with futures. --------- Why does the market go so high if Spam lets the Money supply flow..( well the cost of holding futures comes down as it's connected to the Fed rate ) They buy more futures when the cost of holding them falls hence the price of futures gos UP with new demand; and you know what that does to the market. --------- Man they got computers calculating every 32nd they can scalp via long futures & puts against a short position. And the window can change in a heart beat. --------- We are just minnows in this sea of money moving.. BTW GE has traded up to 50-7/16 at 6:38 pm. Jim