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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Warpfactor who wrote (13343)4/18/2002 1:28:14 AM
From: energyplay  Read Replies (1) | Respond to of 23153
 
This "rally" seem s to have been driven by short covering.

On TheStreet.com Aaron Task speculated that because some of the rallies have tended to fizzle, that there may be some thing (news) big and ugly out there..that's not public yet.

I get a little sense of that also - some lousy macro economics number or some company you don't expect having to re-state earnings the past 3 years.

Maybe CBS/Viacom was counting all the hippies who signed up for their record clubs in the 1960's and still owed them money. Maybe the Hostess Twinkies people have asbestos liability.

I keep seeing headlines of layoffs.

Any idea what the bad news could be ? or does this market jsut like to go sideways violently ?



To: Warpfactor who wrote (13343)4/18/2002 7:51:59 AM
From: gravity rules  Respond to of 23153
 
13.80 is my stop. If it survives the week I believe 'TECHS' have a good run 2-3 weeks. Tomorrow morning may be the problem. Lots of calls out there to take out? The puts got taken out now I'm afraid it's call time. Right now I intend to go 70% long Friday and maybe Monday morning on weakness @ 1760ish. I am surprised how well my little ones have fared. CMGI LPTH AETH. PMCS earnings will be interesting.

KB If volume stays light, looking to short a couple brokers. AGE and MER. AGE has dropped the ball with online trading after assuring their clients it would be ready
2002. Our local office has maybe 6-8 brokers left. Wouldn't be surprised if both warn or miss next quarter.

Can anyone find shares PYPL to short? I cannot find any.

edit The open on AMD my be a stop. Can KLAC save it this morning?