Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Lucretius who wrote (67986)	2/15/2001 1:06:49 PM
From: IceShark	Respond to of 436258

I don't think that is in the cards, but if this market would pull back a bit who knows. The best we can probably hope for would be towards 42.5. (BTW, I show a low trade of 43.90 - that can't be right can it?) We had three items happen yesterady, I suspect. Whichever institution(s) is loading up were still loading up (there are some mighty big blocks that go off), options strike magnets, and shorts folding as a result. Oh, and then there are the green chasers. It will never drop as fast as it can go up. And to drop hard you generally need a good gap down open .... I would like to see a study on how often that happens with POS - I do know it is about never. -ng- But is is nice to see a slight pullback from the open with the dung up 100 and soxx on a tear up. I got back in about 1/2 hour after the open, which is usually when it peaks before it figures out where it is going to go. May leave this position open over night.