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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: besttrader who wrote (23672)	5/17/2001 7:32:17 PM
From: Electric	Respond to of 37746

knight, Not me.. I think DELL news will keep things tight, and we may see more selling in JNPR and CIEN. Also with expiry in sight and most putz destroyed there may be some call positions to be taken out..since those option boys are money grubbing like the best of them...example.. DELL 25 call options for may were in the money like .18 at close and they were going for .50 in premium for one day worth of use..I know earnings and all, but that is robbery, so I think the finish will be to wash out a few call holders.. I may be wrong, but how can the secondary stocks carry the naz again like they did today???

To: besttrader who wrote (23672)	5/17/2001 7:56:51 PM
From: DlphcOracl	Respond to of 37746

knight8z: I do. I think market will open down, drift a bit lower for the first hour and then rebound. The NASDAQ may finish the day in the red, buy it will not (IMO) close at the LOD. There is a definite change in investor sentiment and too much institutional money on the sideline is heading into the market. I think the individual companies reporting bad earnings and poor visibility may get whacked, but I do not think it will lead to a massive selloff in technology (at least for the remainder of May).