SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (67768)2/14/2001 5:33:08 PM
From: KeepItSimple  Read Replies (1) | Respond to of 436258
 
Look, all of today's moonshot liftoff in the big cap techs, even in the face of yesterday's earnings warnings, is because of expiration friday in 2 days.

These pigs have fallen so far, so fast, that BILLIONS in options are underwater that the MMs don't want to pay off. Throwing a few million at the underlying common to make these pigs bounce is worth 100x that amount (literally) in money they save if all those poots expire worthless in two days.

If you havent covered already, do so, and short again at 3:30pm friday afternoon.

The next day and a half are going straight up on the techs, period. There is no way to beat the big boys who manipulate the game.

I learned that lesson a LONG time ago.