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To: AllansAlias who wrote (50008)8/14/2002 2:26:30 PM
From: quote 007  Read Replies (1) | Respond to of 209892
 
i nominate cdwc



To: AllansAlias who wrote (50008)8/14/2002 2:27:55 PM
From: NOW  Read Replies (2) | Respond to of 209892
 
OT: "Is it finally time for a massive corporate move to new generation machines?"
Well why not if they are free? But why? to increase productivity? Because of all the neat new features? Because of all those profits burning a hole in corportae productivity?
the only obvious buyers that come to my mind here are the Federal government agencies and their contractors who have a floodtide of new spending for IT. IMO.



To: AllansAlias who wrote (50008)8/14/2002 2:34:22 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
If I may just point out some obvious things here today: bonds reversed, dollar has popped up a little, the market clearly rallied, the put call has remained high all day, the VIX has dropped below 38 (coming very near the historical point of no return again), and max pain has been fulfilled.

While the bears say "well, max pain is done, now we can tank" it's important to remember that the corrallary is true as well -- we can rally.

There. I feel better.

the freep, scarcely being scarce



To: AllansAlias who wrote (50008)8/14/2002 2:34:34 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Wow. Going to be challenging the SPX downtrend line in another 5 points or so. Quite a turnaround.



To: AllansAlias who wrote (50008)8/14/2002 2:34:39 PM
From: augieboo  Respond to of 209892
 
Spikes like that make me a believer in some form of limited, but active PPT.

Two words: Max Pain

QQQ today:

low $22.47
high $23.57
Max Pain $23.00

It's just like an eraser, rubbing back and forth across the account books of the options bag-holders...

Unless, of course, it's something else, which is actually what I hope. Bought my first bits of URPIX and USPIX yestdadee, and would like a higher starting point for the next bite -- and even for the next few. Heck, at this point, taking small nibbles, I figure I've got more bite than the market has bull.

But then I'm almost always wrong about such things.



To: AllansAlias who wrote (50008)8/14/2002 2:34:40 PM
From: martin001  Respond to of 209892
 
Frigging big ass blocks going off in the spoos thats for
sure.

Looks like we are going to get back to the FOMC level
from yesterday.

Thought that may happen - now the boyz can go short <g>



To: AllansAlias who wrote (50008)8/14/2002 3:12:40 PM
From: Mark Adams  Respond to of 209892
 
Looking at the 5 min chart for TNX/FVX, both moved substantially at 13:30, in addition to the dow ramping up.

I don't think that is intervention, I think it is market response to the Inventory report released then. The signs are already a bit muddier than they were 30 minutes ago, but you can still see them.

[Edit] Yeah, that VIX changed direction in a big way at 13:30 too.



To: AllansAlias who wrote (50008)8/14/2002 9:25:36 PM
From: Terry Maloney  Read Replies (1) | Respond to of 209892
 
Allan, Occam's razor almost demands some form of PPT at this point ... <g>