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To: AllansAlias who wrote (1954)5/7/2001 3:43:42 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Here are some totally (pointless/interesting) things I noticed today:

the Naz does what CSCO does. The bids on CSCO have been HUGE at times (50K, 100K). This has been true for a week or so. But then. . . similarly large asks appear, and the stock drifts down. . . and the naz tends to follow. The same battle's been going on on Intel, too, but to a lesser degree.

Also, GE hit 50 and I happened to be near my computer and I saw over 500,000 at the ask. That might be a barrier there, but if GE makes it through that. . . how bullish!

It really looks like everything's on hold til CSCO reports. Their numbers will suck (recall the writeoff) but if they say "recovery at some point" I wonder if that's bullish or, if far enough out, bearish?

If you figure it out, please let me know :-)

the freep



To: AllansAlias who wrote (1954)5/7/2001 3:49:59 PM
From: JRI  Respond to of 209892
 
QQQs are down pretty good today...stinky volume though...

COMPX has gone down to 2160-2170 about 4 times in the last session and a half.....each time it climbs back up...this spring is getting coiled tighter and tighter, me thinks....the break (either way) should be a pretty good one..



To: AllansAlias who wrote (1954)5/8/2001 12:08:24 AM
From: XBrit  Respond to of 209892
 
Yep, for me also, #2 is what comes to mind when I think of this market -vbg-



To: AllansAlias who wrote (1954)5/8/2001 12:08:47 AM
From: XBrit  Respond to of 209892
 
OT: Yep, for me also, #2 is what comes to mind when I think of this market -vbg-