Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ajtj99 who wrote (34658)	4/23/2002 1:00:58 PM
From: MechanicalMethod	Read Replies (1) \| Respond to of 52237

I'm thinking QQQ might bounce as early as 33. Double bottom.

To: ajtj99 who wrote (34658)	4/23/2002 1:26:37 PM
From: Paul Shread	Read Replies (6) \| Respond to of 52237

Here's an email I just got on the Dow futures; we may have a bear raid going on here: "The futures have been fluctuating between plus and minus relative to the spot during the morning, something not often seen. Even when the spread is below fair value, it is usually positive even during severe declines. "I know that some of the foreign hedge funds have math similar to ours as to an average cost on the futures which, we think, are about 2% underwater. Given the poor corporate numbers and the importance of 10,000 on the Dow, some of them might be trying to 'break the bank.' "The hedge funds will probably try this tact for the rest of the week, as it might be, from their point of view, a last chance to make money on the downside for a while."