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

To: Suresh who wrote (34488)	9/27/2001 1:55:56 PM
From: j g cordes	Respond to of 69003

Suresh, there's a lot of short selling.. I don't believe that the pro's are buying to be patriotic. However it will take news to rally. Its hard to believe I'm looking at CORV at 1.25 or AVNX NUFO and the rest of the hotties like they are orphans at a used car lot. The memory picture is amazing... there are some incredible machines out there that rival super computers from a few years ago. In addition to your dual 800 G4's with gigs of ram, you can also find dual Athlon 1.4's, throw in a 180 gig hard drive from Seagate.. less than 3k.. or ATA160 raid ide's. Intc will have its 2ghz processor out before long.. that's a threshold which should inspire some imagination as it will make anything under 1ghz appear slow regardless of applications not keeping up. Yesterday I saw a keyboard computer.. up to 1.5ghz processor, 512k ram, 30 gig hd, onboard sound and video, cdrw and floppy.. all sitting inside the keyboard. Last Friday I was tempted to go long the Oct QQQ's for a bounce Monday. I didn't, but watched how they traded. On close Monday, even though the Naz had rallied 70 points.. the QQQ 35 calls closed down.! They're screwing around with putting on and taking off premium.. have to be careful to look at Black Schoals with every option trade to see if it makes sense.