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


To: Softechie who wrote (59840)5/1/2002 1:53:10 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
Well, we are printing that elusive 1670 as I type. Took the INVN off when it could barely go to $22, just $.34 profit. Watching if 1670 can be taken ot not before deciding on taking the Q and other traders off the able.

Zeev



To: Softechie who wrote (59840)5/1/2002 2:21:39 PM
From: DebtBomb  Read Replies (1) | Respond to of 99280
 
It looks like it Softechie, rotation out of techs, going into the Dow and consumer goods stocks. It could mean, there isn't enough money in funds to go around, so they dump tech. Tech is still selling on my screens.



To: Softechie who wrote (59840)5/1/2002 2:21:42 PM
From: LTK007  Respond to of 99280
 
The key thing about these major computer driven Jams, they have been happening over and over but FAIL time and again.
To me, because these movements are so blatant within the context of this listless market, they are revealing just how weak this market is.
But this brings in Biringyi again when he says he is not trading large caps because of the these sudden ups and downs are all manipulation and are, in his view, unpredictable.
These big computer programs are NOT investing LTBH,
they are churning. Max