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To: Zeev Hed who wrote (18349)1/19/2001 9:51:17 PM
From: The Prophet  Respond to of 60323
 
Yes, but we have been squeezing slowly for the last week. There is a 13 million share day of selling that must be reversed. I suspect that a 30% move is needed to unwind it, not to mention older shorts and earnings runs. Maybe you're right and it won't happen until after Feb, but we will have a massive move at some point.



To: Zeev Hed who wrote (18349)1/24/2001 1:46:22 AM
From: The Prophet  Read Replies (2) | Respond to of 60323
 
Zeev:

I think we are squeezing, and the squeezing is getting tighter. The question is, if earnings blow out, as they might, what to do, what to do? Will we run on Wed and if so how far? If we blow out, will we run on Thurs and how far? If Greenspan hints at easing .5 on Thurs, what effect? What about going into the fed meeting?

Inquiring turnips want to know....

Prophet


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