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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (5633)3/1/2001 4:10:45 PM
From: Aj-Ruk  Read Replies (1) | Respond to of 6445
 
Nice Dave. Yep everything is just a piece of cake in this market right now. LOL

I sense that the fund managers are ready to dump huge money INTO the market tomorrow. Just my hunch. I smell a rosy day coming.



To: Dave Gore who wrote (5633)3/1/2001 5:25:09 PM
From: Dave Gore  Respond to of 6445
 
<Hey everybody, how'd you like that AMCC mention of mine. Just the way I planned it. Like I said buy at 27 and then hold as it announced totally unexpected bad news and scared the dickens out of you (after all, a little shock is great once in awhile to test the ol' ticker) than watch as we all knew that AMCC would rally almost 9 points off its lows on the bad news. Then sell at the close for a nice profit. Hey, just like we planned it huh? Piece of cake! LOL! >

For those who don't know me or didn't catch it, I was totally being tongue-in-cheek about the above post I made earlier. The whole trading action was very bizarre. It appears very likely that some very powerful people decided that they could trap shorters who ASSUMED that AMCC would tank after their bad news. It worked! I was totally taken by surprise by the whole thing and pleased for all longs who ultimately came out well if they held.