Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: exp who wrote (4948)	8/8/2002 4:35:36 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

calm down george....<gg> after the bad news last week and major dump....they pushed the only thing they could to get this market and the SPX up for max p.....the fed cut..... now imagine what happens if the fed doesn't cut.....theres no other news coming thats good..... and even if they cut...it won't help...the other 11 cuts have done nothing..... now that they have spx finally near max p.....they executed their plan perfect as always.....added more bagholders and squeezed more shorts..... its kinda of funny....they had nothing to get this back up to max p after last weeks bad news.....and before that bad news came out....the word was that the market would dump if the fed cut rates again because it would show the fed is afraid and they would be out of bullets if something worse came...... now the fed cut is a good thing because they had nothing else to work with for an options ramp....<gg> btw....don't forget....NDX broke the july low on monday....this is a pierce and sucker run and it will end with another painted top...and the retrace says something worse is coming.....