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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (25273)8/23/2001 12:45:33 PM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Not saying that.

They may all be using the same obvious ploy to stop the index from falling while they sell out. Look how much selling of MSFT and ITC there has been. Imagine how much cash fund managers have been able to raise. Meanwhile, only a fraction of that cash has to be deployed buying QCOM to stop the NDX from mirroring the drop in stocks.