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


To: Justa Werkenstiff who wrote (4773)8/7/2002 10:19:41 AM
From: Jeff  Read Replies (2) | Respond to of 30712
 
they keep pumping the fed cut thing on t.v .....

retrace says it doesn't matter....

you know what would be great if it played out.....

dump to new nasdaq lows off the t-q....fed cut next week as the sucker run back to max p....

if by chance they hold this thing up till next week.....the fed cut would be a big ole pump and dump top to short.....



To: Justa Werkenstiff who wrote (4773)8/7/2002 9:53:09 PM
From: Lone Ranger  Respond to of 30712
 
Justa,
You wrote:
"Last night at end of AH (8:00 pm) there was some strange trading on the QQQs. Somebody was trying to get out of 50,000 shares by jerking with the ask. That is a large amount given the time of day." Just think how large a position that was a year ago<g>.