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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (2288)	6/13/2002 1:11:50 PM
From: Jeff	Respond to of 30712

max....at options time...and especially this far from max p. ..there is no such thing as bad news....<gg> doesn't matter that INTC just confessed last week they are doomed for the rest of this year.. another semi like KLAC can come out at options time and say they see a bottom.... but alas....after options....bad news is bad again....and INTC will be in the teens where it should be now...KLAC will get cut in half as nasdaq heads to 1100.... remember....INTC was pumping hard in april and may....then came out and said....hey...we f-upped.... just look at this next top as a short to below the sept levels.... and enjoy the show of rumors...lies....ramps...paint...i mean IBM is heading to the 60's...look at a chart...but first it has to stay around 80 for max p....TYC...max p is 15....stock was just 9.00.....what a show this is.... its all going back down.... whats really amazing about watching the retrace....you know its going down....and you always wonder what bad news is coming to fulfill the retrace....well....as we have seen....semi's warning now....optics nothing till 2004...economic numbers getting worse..... its all beginning to become clear how we get to that retrace bottom..... but....also knowing the retrace will fulfill its destiny....you get to watch how these guys still ramp in the face of all that bad news just for options....screw as many folks as possible....and its all in a days work...business as usual....no big deal....