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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (1704)1/29/2002 1:30:06 PM
From: Petrol  Read Replies (1) | Respond to of 16631
 
<<However, if is down PRIMARILY because of accounting concerns or the Fed Action tomorrow or particularly Bush's speech tonight, then this is just another down day that will be followed by an up day or two, then another down day or two, etc. and etc. In other words a continuation of the pattern that we have seen the last couple months. >>

When will you know this ?



To: Dave Gore who wrote (1704)1/29/2002 1:33:26 PM
From: Bucky Katt  Read Replies (1) | Respond to of 16631
 
I think we will see a rebound going into or from the Bush lite State of the Union speech tonite, and I took profits in my QQQ puts and went the other way>
Message 16977166

Todays dump kinda smells like a street set-up..
(scare the over-margined to give up positions)



To: Dave Gore who wrote (1704)1/29/2002 1:34:04 PM
From: quasi-geezer  Read Replies (2) | Respond to of 16631
 
personally, I think the MMs are just using whatever alibi out there they can use to take the market down, the MMs are probably out of inventory since there is a big rise from the low in September/October, they collected billions of shares when everyone panicked and sold in the aftermath of 9/11, the MMs then start selling their shares on the way up, now they are moving it back down to restock, it is just the way how the MMs operate ...