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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (54579)8/23/2001 6:08:23 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 57584
 
Nice trading M: tomorrow we get AM gap up as all of big 5 on NDX moving AH. Was thinking there would be attempt to drag NDX up to about 1600 or 40. +/- on QQQ before September rolls around.
I am getting the distinct impression that big Tech is chiming in just when supports are endangered with some ready-made, pre-packaged hype press releases, signifying nothing, to give the techs a trading spike.
Between the house weekly upgrades/downgrades of semis and the Big tech press puff pieces, the game goes on.
I guess they have to do something, drag out Dear Abbey, spike the semis, puff the big 5, as the Fed stuff just doesn't get it anymore.
Am I too cynical?
James



To: moufassa7 who wrote (54579)8/23/2001 6:11:13 PM
From: Baton  Read Replies (1) | Respond to of 57584
 
Now futures up 25.50. Could be interesting. Yesterday I say a segment on TV teaching the novice how to short stocks. Kinda like putting the bull on the cover of Time magazine. Maximum pain for the little guy.
Baton
GMST up $4.50 in AH. Real move of some guy getting screwed on a market order?