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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (67897)	8/15/2002 3:44:27 PM
From: Dave Gore	Respond to of 208838

MARKET ACTION ----- Fascinating manipulation vs. T/A battle I know most technicians, including Donald Sew, expect a temporary drop in the Markets from here. Stochastics are overbought for sure near term. What's interesting though is how the options expiration writers of the QQQ's (and other writers trying to suck out premiums of other options) keep trying to hold it up. I agree it should be dropping but I wouldn't want to bet very heavily here until later tomorrow afternoon at least.