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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (23665)11/8/2001 2:05:04 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
I just covered my second INTC load. The futures keep thrusting up and down. It's tough to trade this, I have to say. I made enough for a 6-pack of Bordeaux. Not much!



To: TechTrader42 who wrote (23665)11/8/2001 2:21:25 PM
From: Chris  Respond to of 52237
 
coming down imo.. selling

not a rec to buy or sell.

pertains to family acct



To: TechTrader42 who wrote (23665)11/8/2001 2:38:51 PM
From: Secret_Agent_Man  Respond to of 52237
 
FOMC VOTE ON OCT. 2 UNANIMOUS FOR 50BP RATE CUT
FOMC THOUGHT REAL FED FUNDS RATE STILL POSITIVE


FOMC NOTED 'VERY ACCOMMODATIVE MONETARY POLICY'


FOMC: 'POLICY COULD BE REVERSED IN A TIMELY MANNER'

2:00pm 11/08/01
FOMC SAW GRADUAL RECOVERY IN EARLY 2002



To: TechTrader42 who wrote (23665)11/8/2001 3:21:57 PM
From: Chris  Respond to of 52237
 
did well. very happy.



To: TechTrader42 who wrote (23665)11/8/2001 5:11:20 PM
From: Susan G  Respond to of 52237
 
So I guess we don't have to sit here in amazement any longer....reality finally set in. I left for a meeting in the early afternoon and cannot believe my eyes...

Something I had never thought of occurred to me while driving, away from my monitor for the first time in days <g>

Margin calls. When shorts are squeezed and get margin calls
what do they have to do? BUY. So maybe that is why this market kept rising and felt so artificially inflated.

Margin calls on short positions that were run over by that freight train gone wild.

Could be a small part of it. It's not something we would have seen in years, It's only been longs who have dealt with them since the bubble burst.