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To: AllansAlias who wrote (45735)7/15/2002 4:00:34 PM
From: yard_man  Read Replies (1) | Respond to of 209892
 
at least follow-through tomorrow and maybe through expiry.



To: AllansAlias who wrote (45735)7/15/2002 4:06:09 PM
From: The Freep  Respond to of 209892
 
Whatchoo make of MSFT getting back into the coil AND QLGC getting back into that huge triangle? QLGC, by the way, is a stock that has fooled so many shorts and longs in the years I've been following it (fooled me many times, by the way) that there's a group of us who think TA rules only vaguely apply to it. Must be something about tech stocks starting with the letter Q <g>

FWIW. . . as the rally progressed and the VIX dropped, prices on puts plummeted. The OEX July puts that I was trying to sell dropped so fast that at one point, with the OEX down 7 still, they were basically flat with Friday's prices. That probably was a hint to buy some calls.

the freep, who still thinks we rally til MSFT earnings, then don't rally after that. Hoping that works into a gelatinous wave 4



To: AllansAlias who wrote (45735)7/15/2002 4:09:20 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
Unrelated To Options Expiration Of Course

There is no they.

Just a bunch of bargain hunters I guess.

Perhaps you could go back about ten or fifteen years and pull up some intra-day charts similar to todays. Perhaps that would enable me to see the error of my ways.

I mean which is it is INTC worth 17.50 or 19.10. That seems like a huge move based on nothing (that I can see).



To: AllansAlias who wrote (45735)7/15/2002 4:27:56 PM
From: Haim R. Branisteanu  Respond to of 209892
 
It seems to me that the NAZ and QQQ's crossed the trendline from May highs, or for those TA inclined we crossed the FIB and GANN trendlines from May highs.

The market needs ot rally tomorrow to validate a change in trend even if it is a corrective one