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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (28956)	2/9/2002 6:43:03 PM
From: shoreco	Read Replies (1) \| Respond to of 99280

mishedlo, Let me first say "thank you" for putting so much into your max pain post as I have been a big believer of a market that is manipulated with options by the big money. The only time they can't work the "fix" is when the Funds are either getting in or out and we've had a little more than profit taking going on over the last couple weeks. The volume on the down days is greater than the volume on the up days, unlike what we saw during the run from September. With that being said, anything's possible but I really don't see a catalyst besides some more pumping by the analyst. There is one thing that still seems to be out there and it involves INTC. The analyst have raised INTC's guidance going forward a number of times over the last couple weeks, but it has yet been confirmed by INTC. I'm sure they'll come out with a "timely" press release when the time is right and that should be good to fuel a 1 or 2 day squeeze. There are two types of buyers in the market right now. The daytraders who jump in and out on the long side and the short who buys to cover. There is no "long-term" money coming into this market, therefore we can not sustain any long term gains. EOM Shoreco