Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (15095)	9/9/2001 2:32:35 PM
From: DebtBomb	Read Replies (1) \| Respond to of 208838

How about VRSN and QLGC popping on Friday?? Probably was funds buying trying to squeeze late shorts out. I doubt it was hedgies covering, IMO, because I didn't see too many other stocks act that way.

To: 2MAR$ who wrote (15095)	9/9/2001 2:41:26 PM
From: DebtBomb	Respond to of 208838

Hey, that's another thing, CNBC mentioned the other day after calling around, some hedgie said they weren't covering until the Nasdaq goes below previous lows. Now, many might think it's hogwash, but, I remember over the summer, CNCB had called around and hedgies said they were hitting the Nasty at 2200 every time it got there. Now, it sure as heck looks like they did it, and it was a good call. See, CNBC is good for something, hee hee. Personally, unless something changes in news-land, I don't think funds will come in buying either unless we break the lows, just my opinion-after the employment number.