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


To: jjstingray who wrote (78628)6/13/2002 6:13:23 PM
From: 1podstock  Read Replies (1) | Respond to of 99280
 
jjstingray...put that bear suit away! All it takes for Max pain to come into effect is for:

AMAT to come out and say "we think we see orders picking up"

or

Dell to say "sales seem to be brisk"

or

CSCO to say "the linearity of orders appear to increase"

blah blah blah....

And if you notice, the above quotes cannot get any of those moronic CEOs in trouble, b/c they don't really say anything of substance, nor do they promise anything. But the fact that things SEEM to get better is all the markets need to stage a short covering rally, and then some.

So keep your bull suit on hand, just in case you wake up tomorrow, and S&P futures are up 10 or more b/c AMAT CEO Morgan just announced that "..things are looking up for us..."

Get the picture? When you have nothing concrete to offer to the balance sheet, you fabricate manure without outright illegalities.



To: jjstingray who wrote (78628)6/13/2002 6:16:20 PM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
JJ I agree.
But...
We will see.

2 comments
1) they will not feel any pain as they have hedged
2) They will collect on all the calls and break even on puts cause they went short
3) there are more calls than puts at qqq 29 30 31 32 33 34 35 36 37 38 39 so now is as good a time as any for failure.

M