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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ1065 who wrote (3688)6/18/2002 10:10:04 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 17639
 
what time does the BtB come out?



To: SusieQ1065 who wrote (3688)6/18/2002 10:17:11 AM
From: Dave Gore  Respond to of 17639
 
Susie, just watch if the B2B is good after the bell. You know how the game is played by the big boys. Drive the future winners down as far and possible and then ramp them up.

Don't forget May 8th when the Big Boys made 1200% in one day on CSCO call options and 1400% of QLGC options. They were able to do that because the Market slowly drifted down for weeks prior, even though the economic news was good.

Of course when CSCO earnings were merely OK, they ramped CSCO, QGLC, and other stocks up 25-30% in one day, sold their calls and then helped push the market right back down.

It's all a game.

I am not saying that chips stocks will definitely ramp up tomorrow, but if they do you might keep an eye on the Call action today on key chip stocks like AMAT, or even the QQQ's, which many watch as an indication of how the Markets will do.

BTW - the BTK are up about 12% lately, so a breather is certainly warranted. They are only down 1.2%.