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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (34109)	9/7/2001 2:31:59 PM
From: mattie	Read Replies (2) \| Respond to of 69358

Bought a bunch of calls on QQQ's ..the Oct 35's. I think we bounce.

To: Clint E. who wrote (34109)	9/7/2001 11:32:45 PM
From: shasta23	Respond to of 69358

Clint and Suresh! Just came home from work and have not looked at the charts yet but saw that the market came back and that stocks like RFMD closed up for the day. I don't know where the market is going! Does anybody? When i talked about the panic i wasn't talking about the amount of decline but about the "style". So although these stocks dropped 50-70% it all seem so "controlled" to me. Maybe that's OK too? Maybe it needs catharsis? And what i said was just a speculation about how to frustrate the majority, to develop a diabolic scenario. Sometimes this stuff works and sometimes it's too many twists in thinking and the simple stuff (like a bounce off a double bottom) works like a charm. Mattie seems to be bullish and he is often right. So let's see. I have NO POSITION at all and would anyway wait to see how the first pullback after the bounce looks like. A good weekend to all! Stefan