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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (8431)4/19/2001 1:58:45 PM
From: John Pitera  Respond to of 15481
 
aahh yes, the conspiracy theory -g- I can see that you are past the 4-16 date.... good deal.

the equity put call ratio is back down between .35 and .40 for the second day in a row, that usually is
a topping zone. there may be enough options related activity to keep the market up through tomorrow's
expiration.

GS had comments on the storage sector today:

12:44 ET Sector Watch: Storage : Nasdaq rebounds to highs of the session and Dow makes run after brokerage firms come to defense of Goldman Sachs. Positive investor/analyst reaction to EMC (EMC 40.53 +3.87) qtr has ignited move across the storage sector. Best performer in space today is McDATA (MCDT 30.10 +6.90), which has advanced almost 30% (see 09:44 comment). Also running are JNIC (+20%), EMLX (+14%), BRCD (+10%), QLGC (+8%).